Untimely Claim Violated Policy Issued By Insolvent Insurer, Panel Concludes

WEST PALM BEACH, Fla. – Policyholders’ untimely reporting of a loss from hurricane damage violated an insurance policy issued by an insolvent insurer and was sufficient to preclude the claim through an assignment to the home’s current owners, a Florida appeals panel affirmed June 22 (Marie-Eve Kroener and Kent Kroener v. Florida Insurance Guaranty Association as successor in interest to Atlantic Preferred Insurance Co. Inc., Nos. 4D09-3604 & 4D09-4102, Fla. App., 4th Dist.; 2011 Fla. App. LEXIS 9613).
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