States differ regarding the time frame required for a first-party property insurance carrier to pay undisputed amounts on a claim. In Florida, for a residential first-party property insurance claim, the carrier is required to pay undisputed amounts within 90 days after receipt of notice of the claim, if these three things have occurred:1

  1. The insurer receives notice of the loss;
  2. The insurer determines the amount of partial or full benefits; and
  3. The insurer agrees to coverage.


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We almost did too, because of the lack of notice and advertisement. But Lynn McCartney from the Florida Justice Association emailed the information to us just in time.

Here is the Nov. 30th press release:

FOR IMMEDIATE RELEASE
November 30, 2016

Contact: Ashley Carr, CFO Atwater
(850) 413 – 2842
Contact: Amy Bogner, Commissioner Altmaier
(850) 413 – 2515

CFO Jeff Atwater and Commissioner David Altmaier to Host Insurance Roundtable Marking the End of Hurricane Season

ST. AUGUSTINE, Fla. – On Friday, December 2, 2016, Florida Chief Financial Officer Jeff Atwater and Insurance Commissioner David Altmaier will host a roundtable discussion focused on the 2016 Atlantic Hurricane Season, which ends today, November 30. Insurance company executives will join local leaders to discuss Hurricanes Hermine and Matthew, two storms that ended Florida’s decade-long hurricane-free streak.

Experts in their respective fields will present on topics including: the financial impact of the 2016 hurricane season, the federal flood insurance program, helping consumers through the insurance claims-filing process, and more.

Recent data reports show more than 100,000 insurance claims totaling $606 million in losses as a result of Hurricane Matthew and 18,000 insurance claims totaling $95 million as a result of Hurricane Hermine.

WHAT: 2016 Hurricane Season Roundtable
WHERE: Flagler College
Ringhaver Student Center, 2nd Floor Virginia Room
50 Sevilla Drive, St. Augustine, Fla.
WHEN: Friday, December 2
10:00am – 11:30am EST


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When making a non-flood claim for Hurricane Matthew related damage to your insurer you must comply with the insurance policy’s post loss conditions. This includes the timely filing of a Sworn Proof of Loss form. Generally, Proof of Loss provisions are worded in one of two ways. The first only requires that the proof be filed within sixty days of the insurers written request. The second and much more critical wording provides that the insured must submit the Sworn Proof of Loss, to the insurer, within sixty (60) days from the date of loss. This wording does not require a request from the insurer to trigger compliance with this mandatory post loss policy Condition.


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FEMA has approved a 31-day extension for Hurricane Matthew survivors to apply for federal disaster assistance. Survivors now have until January 9, 2017, to register with FEMA. The new deadline also applies to homeowners, renters and businesses submitting applications for low-interest disaster loans from the U.S. Small Business Administration.


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