Florida insurance company pays $1M fine after being accused of mistreating policyholders after Hurricane Ian

Florida insurance company pays $1M fine after being accused of mistreating policyholders after Hurricane Ian

One of the state’s largest property insurance companies has agreed to pay a $1 million fine after being accused of mistreating its policyholders in the wake of Hurricane Ian. Florida’s insurance commissioner alleges Heritage Property and Casualty Insurance violated state law by not paying or denying claims within 90 days.Hurricane Ian briefly reached the maximum Category 5 before slightly weakening to a Category 4 just before landfall. The storm…