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Insurance Claims Predators
Manage episode 358107030 series 3270093
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In the wake of Hurricane Ian, Florida's Chief Financial Officer Jimmy Patronis went on television to warn consumers about unscrupulous contractors and public adjusters. Patronis referred to them as "locusts" and "predators" that complicate the recovery process.
Patronis says, "The predators are going to come in like a bunch of locusts" while "people are vulnerable."
No one would dispute that there are bad actors in all sectors. What left many people questioning his choice of words was the status of the insurance claims industry in his state. There are predatory practices in the insurance claims industry, Mr. Patronis places a lopsided amount of the blame on two parties in particular, contractors and public adjusters.
This is a clip from The DYOJO Podcast Episode 100, which includes guests David Princeton (Guest #1), insurance claims advocate and owner of Advocate Claim Service, as well as insurance policy language guru Bill Wilson, who is also the author of "When Words Collide: Resolving Insurance Coverage and Claims Disputes."
Join us this week as we break down some of Jimmy Patronis' comments and keep your ears open for the full episode number 100 to be released soon. The DYOJO Podcast - Helping Contractors Shorten Their DANG Learning Curve.
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