Florida CFO Jimmy Patronis honored for post-Hurricane Michael efforts
Florida Taxwatch honored Florida CFO Jimmy Patronis Thursday for his efforts to help Hurricane Michael victims settle with their insurance companies.
More than 147,000 claims were filed. Nearly 21,000 claims remain open. The CFO says he will hold what he calls an insurance village in Panama City on August 16 and 17 to push for settling more claims.
“You know, these are the complicated claims,” said CFO Patronis, "So please come out. Sometimes you may have a difficult representative, a PA [public adjuster] that maybe feels like the negotiation process needs to go a little further. But I want closure for our citizens' claims, so maybe this insurance village will put more pressure on all parties to come to conclusion.”
One factor in the unresolved claims is that many insurance companies came in with lowball estimates that resulted in lawsuits.