Tyler & Hamilton, P.A.
Free Initial Consultation

Florida insurer cancels thousands of policies

Florida residents who own homes and other property in the state should always be able to count on their insurance companies for help after a disaster like a hurricane, a flood or a fire. However, this can be a challenge at times when insurers and policy owners fail to agree on the causes, costs or other details of a claim. People who file fraudulent claims may also end up having a negative impact on honest homeowners.

This was reportedly one of the factors that led Heritage Property & Casualty insurance company to cancel or not renew several thousand policies between the end of 2015 and the end of 2016. In that time, the company, owned by Heritage Insurance Holdings, reduced the number of policies it held by more than 16 percent. The large drop in claims was a contributor to the company reducing the number of claims it processed during that timeframe. At the same time, some rates are said to have been increased for policies that were retained.

While announcing the reduction in claims loss for the first quarter of this year, there was no mention made of whether or not the company intends to maintain a reduced policy load or if it will being issuing more new policies.

Floridians who need help and coverage from an insurance company after a problem or disaster strikes their property may find it helpful to contact an attorney to learn how best to seek their full level of assistance.

Source: Sun Sentinenl, "Heritage Insurance: Freeze on new policies in South Florida helped trim claims losses," Ron Hurtibise, May 4, 2017

No Comments

Leave a comment
Comment Information

Free Initial Consultations - No Charge Unless We Win Your Case

For more information, call 800-491-1985 or fill out the below form to send us a confidential email:

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

4811 Beach Boulevard
Suite 200
Jacksonville, FL 32207-4867

Toll Free: 1-800-344-1122
Phone: 904-398-9999
Fax: 904-398-0806
Map & Directions

We Represent Clients Throughout Florida Peer Review Rated The Florida Bar Civil Trial