A Florida property owners association claims four insurers shortchanged its Hurricane Sally claim by over $13 million despite an appraisal confirming the full damage amount.
Eden Owners Association filed suit November 17 in federal court alleging that General Security Indemnity Company of Arizona, HDI Global Specialty SE, StarStone Specialty Insurance Company, and QBE Specialty Insurance Company engaged in bad faith practices over a claim that dragged on for more than five years.
The property at 16281 Perdido Key Drive in Pensacola sustained damage when Hurricane Sally made landfall in September 2020. What followed, according to the association, was a masterclass in claim delay tactics…