Florida Consumers File Class Action Suit Against Citizens

By BRENT KALLESTAD | February 9, 2012

  • February 9, 2012 at 11:51 am
    jay neal says:
    Like or Dislike:
    Thumb up 3
    Thumb down 0

    Ms. Ashburn’s assertion that Citizens is only interested in providing accurate replacement values is absurd on its face. Citizens was presented in thousands of cases with certified replacement value appraisals indicating that their replacement value software was vastly overstating values. The evidence shows that the software was selected because it could be modified, meaning this overstatement was intentional and amounts to a huge “backdoor” rate increase on policyholders. Join FAIR at http://www.floridainsurancereform.org.

Add a Comment

Your email address will not be published. Required fields are marked *