In a breaking improvement, the Florida Division of Monetary Providers (DFS) issued the next:
It is a main announcement and places an finish to the query raised in “Did Florida’s CFO Name Public Adjusters Despicable?” As I indicated in that publish, it appeared that Patronis was warning individuals of the scammers and dangerous actors that always prey upon disaster victims. That’s Patronis’ job, and he ought to be congratulated on that. The Insurance coverage Journal title was not correct.
The Nationwide Affiliation of Public Insurance coverage Adjusters filed a press launch relating to the DFS announcement:
After Hurricane Debby impacted Florida, NAPIA started working with Florida’s Division of Monetary Providers (DFS) to advertise the utilization of correctly licensed Public Insurance coverage Adjusters who can help business and residential policyholders. It’s important that the general public stays conscious of the worth and companies {that a} correctly licensed public insurance coverage adjuster can carry to their claims course of.
Matthew Blumkin, the President of NAPIA, acknowledged that ‘We at NAPIA are conscious that after a significant disaster there are these companies and people who will attempt to make the most of the insurance coverage state of affairs for their very own private profit. We imagine that having sources obtainable to permit the general public to confirm and analysis the skilled Public Insurance coverage Adjuster neighborhood is vital for his or her safety and that of the claims course of. We’re very happy that Mr. Patronis and Florida’s DFS have concurred with this place as outlined within the Florida DFS communication transmitted on August 12, 2024, which states, partially:
The Florida Division of Monetary Providers acknowledges the worth of a correctly licensed public insurance coverage adjuster who can help owners and business insureds in property claims arising out of Hurricane Debby…. Following storms, dangerous actors who make the most of insurance coverage customers give licensed & reliable adjusters and contractors a foul identify. It’s necessary for policyholders to make sure that they’re getting into into contracts for companies that adjust to guidelines and laws in Florida. @FLDFS
NAPIA and its members wish to thank Mr. Patronis and the Florida DFS for his or her persevering with efforts to guard policyholders whereas recognizing the worth {that a} correctly licensed public insurance coverage adjuster and correctly licensed contractors can present all through the claims adjustment course of. NAPIA would reiterate that each policyholder, who seeks the companies of a licensed public insurance coverage adjuster or contractor, ought to all the time conduct their very own due diligence and vetting course of.
All is effectively that ends effectively. Congratulations to NAPIA’s management for its optimistic work with the DFS and Jimmy Patronis.