Florida Peninsula Insurance: who you’re dealing with.

We read 1,891 Civil Remedy Notices filed against Florida property insurers over denied claims. 31 of them name Florida Peninsula Insurance (NAIC 10132).

FPIC ESTIMATED THE AMOUNT FOR REPAIRS TO BE $1,079.88, AND FOOD LOSS IN THE AMOUNT OF $500.00, FOR A TOTAL CLAIM AMOUNT OF $1,579.88. THE INSURED'S ADJUSTER ESTIMATED THE FULL COST OF RETURNING THE PROPERTY TO ITS PRE-LOSS CONDITION TO BE $749,271.88. INITIALLY AND IMMEDIATELY THE FULL VALUE OF THE PUBLIC ADJUSTER'S ESTIMATE, $749,271.88, LESS ANY APPLICABLE DEDUCTIBLE.

On November 21, 2024, the carrier made the unilateral determinations that A) the damages to the property, including the interior would be excluded under the policy and therefore be denied and that B) the damages that were covered failed to exceed the deductible on the policy and that the insured would be entitled to $0 after the application of the deductible. The insured has been compelled to obtain an independently adjusted estimate totaling in the amount of $237,227.74 that would be needed to repair the property back to its pre-loss condition. Therefore, to cure the defects outlined in this Civil Remedy Notice, the carrier must: 1) Pay the complete covered loss in the amount of $237,227.74 less any applicable policy deductible; and 2) Pay the statutory interest on the amount of unpaid damages from the date of loss to the date payment is finally made.

Counts are filings naming the insurer, matched on NAIC code. They follow book size as much as behaviour: a carrier with more Florida policies collects more filings. Each is an allegation by a policyholder, not a finding.