High Stack Gordon Kirby 321-725-7575
Brevard County Personal Injury Attorney Attorneys Personal Injury Results Testimonials Contact Us
Our attorneys have been representing the rights of injury victims and their families since 1962. Board Certified in Civil Trial Law You CAN afford an injury attorney
Personal Injury
Bicycle Accidents
Boat Accidents
Car Accidents
Catastrophic Injuries
Cruise Ship Injuries
Dangerous Drugs
Defective Products
Insurance Bad Faith
Jet Ski Accidents
Jones Act Claims
Medical Malpractice
Motorcycle Accidents
Negligence
Nursing Home Abuse
Pedestrian Accidents
Premises Liability
Truck Accidents
Wrongful Death
Proudly Serving
Personal Injury Guide
FAQ
Referrals
Click here to read our blog.
Some of our latest verdicts & settlements are listed below
525 E. Strawbridge Avenue, Melbourne, Florida 32901

Universal Property & Casualty Insurance Company Fined $1.26M

Through the property insurance system, consumers pay large amounts of money each year so that if their property is damaged through no fault of their own, they can be properly compensated. Unfortunately, the system does not always work the way it should. In fact, the reality is that there are many insurance companies out there that are actually engaging in deceptive and even outright illegal practices so that they can avoid paying claimants the money they truly deserve. One example of a property insurance company that was accused of such actions was Universal Property & Casualty Insurance Company (UPCIC), which was fined $1.26 million earlier this year for questionable insurance business practices, according to an article in Property Casualty 360°.

In May, the insurance underwriter news website reported that the insurance company—Florida's second-largest provider of insurance property—was fined by Florida Insurance Commissioner Kevin McCarty after a market conduct examination was conducted. The fine was issued because it was discovered that UPCIC had been improperly handling policies and consumers' claims. According to the article, the insurer was accused of:

  • Failing to log consumer complaints correctly
  • Engaging in questionable claims practices
  • Using consumers' credit histories as a basis for denying their claims
  • Canceling more than 260 policies without providing the legally required 100-day notices

According to Property Casualty 360°, the examination occurred between the years of 2009 and 2011. As a result of the information that was discovered, UPCIC was ordered to pay restitution, submit reports and take steps to correct its unacceptable practices. The article noted that UPCIC provides insurance for more than 542,000 policyholders and has more than $765 million in written annual premiums.

Sadly, these types of actions by insurance companies happen more often than consumers realize. If you learn that your insurance company has been treating you or your claim unfairly, you may be able to recovery financial compensation through an insurance bad faith lawsuit. There are state and federal laws that prohibit insurance companies from acting in "bad faith," or using deceptive and unfair insurance and business practices. At High Stack Gordon Kirby, we have Brevard County personal injury lawyers who can aggressively litigate on your behalf. Contact us today!

Name:
Email:
Phone:
New or Existing Client?
Message:
Attaining the highest results for our clients
Legal Elite
Accolades & Awards
10 Best
Like us on Facebook Follow us on Twitter
Social Media
Internet Marketing Experts The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship.
High Stack Gordon Kirby - Brevard County Personal Injury Attorney
Located at 525 East Strawbridge Avenue Melbourne, FL 32901. View Map
Phone: (321) 725-7575
Website: