Insurers Beg Customers Not To Sign Over Claims Rights After Hurricane Irma

 Tuesday, September 12, 2017

 Sun Sentinel

Number two on the list of what insurance companies are most afraid of right now — after billions of dollars in Hurricane Irma claims — are armies of contractors and attorneys swelling those claims by billions of dollars more. In South Florida, insurers have been raising rates for several years and blaming third-party repair contractors who persuade policyholders to sign over claims benefits and then sue if the insurer denies or underpays the contractors’ invoices — dramatically increasing claims costs.
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