
Florida regulators have imposed a $1 million fine on Heritage Property & Casualty, one of the state's largest homeowners insurance companies, for mishandling claims related to Hurricane Ian. This marks the largest fine issued by the state in over a decade. The fine was announced as Florida's CFO was participating in a 'Putting Policyholders First' panel, highlighting a significant contrast in actions and statements within the state government. While legislative leaders have praised the decision, Florida's CFO, Jimmy Patronis, expressed opposition to fining the company.
Property insurance firm fined for mishandling claims post-Hurricane Ian https://t.co/uky3RLQ5t5
Property insurance firm hit with $1 million fine for mishandling claims post-Hurricane Ian https://t.co/uky3RLQ5t5
Florida's legislative leaders are praising the state fining a homeowners insurer $1 million for bad behavior after Hurricane Ian. It's a contrast to Florida's CFO, @JimmyPatronis, who indicated yesterday he was against fining the company, Heritage Insurance. https://t.co/4JWYpHRj7r
