Puerto Rico's Government Tightens Insurance Loopholes

Press Release (ePRNews.com) - SAN JUAN, Puerto Rico - Sep 04, 2018 - On the morning of Sept. 20, 2017, Puerto Rico experienced the worst natural disaster in its history. With winds of over 175 miles an hour, Category 5 Hurricane Maria hit the island leaving complete devastation. The losses and suffering were as inconceivable as they were absolute. Residents lost their property, their communities, and, most painfully, their loved ones. Unfortunately, the battered residents’ difficulties were only beginning as they had to suffer through the incomprehensible nightmare of having to fight their own insurance companies for their rightful insurance claims… for the money and resources needed to rebuild their lives. One Atlanta Public Adjuster firm, Strategic Claim Consultants, has been on the ground since day 1, helping policyholders and government officials navigate this very tough insurance nightmare.

The bad faith and obstructive activities of the insurance companies have become so rampant, so problematic, and so detrimental to the rebuilding process that Governor Ricardo Rossello recently announced emergency legislation to level the playing field with the insurance companies and expedite the entire claims process. Some highlights of the legislation include:

1)      Establishment of a mandatory assessment process

Public Adjusters work on behalf of the policyholder and are directly focused on the policyholder’s well-being… working and advocating for policyholders to get them paid as quickly and as easily as is possible.

Brandon Lewis

CEO, Strategic Claim Consultants

2)      Allowance for the insured to receive partial payments during on-going, incomplete negotiations with the insurance companies; i.e., the insured will not have to wait for negotiations to complete before being eligible and able to receive payments and reimbursements

3)      Establishment of “microinsurance” to cover people with limited resources

4)      Establishment of and the increase of fines: the fines will target insurers who act in bad faith in satisfying a policyholders’ claims

5)       Expulsion of insurance companies from Puerto Rico that have a poor history of supporting policyholders

These new bills provide necessary legal protections for Puerto Rican insurance policyholders and, most importantly, highlight the undeniable need for Public Adjusters in Puerto Rico.

The claims process is inherently complicated and difficult, and insurance companies do not make it any easier for the policyholder. As a matter of fact, insurance companies do all they can to pay as little as possible, as late as possible, if at all. Their interest is the company’s bottom line, not the policyholder’s well-being. Public Adjusters work on behalf of the policyholder and are directly focused on the policyholder’s well-being… working and advocating for policyholders to get them paid as quickly and as easily as is possible. One Public Adjusting firm stands out above all others, especially in regard to its commitment and dedication to taking care of the people of Puerto Rico: Strategic Claim Consultants.

Strategic Claim Consultants, a Georgia-based public adjusting firm, has been working tirelessly with government officials, policyholders, and other stakeholders in helping recover the insurance funds desperately needed to restore their homes, communities, and lives. Because of their unmatched expertise, work ethic, and commitment to the people of Puerto Rico, Brandon Lewis, and his team have been able to expedite the claims process for its clients and, most importantly, win millions of dollars in claims above and beyond any amount offered by the insurance companies.

About Strategic Claim Consultants:

Strategic Claim Consultants provides peace-of-mind and maximized results to both commercial and residential policyholders. With vast experience covering over 26 natural disasters, they are the experts to call when you have a property loss claim!

Contact Name: Brandon Lewis Organization: Strategic Claim Consultants Phone Number: 888-587-0806 Email: info@strategicclaimconsultants.com

Source : Strategic Claim Consultants

You may also like this  


Or using ePRNews Account

Don't have an account ? Sign Up

Register New Account

Or Signup using Email

Already have an account ? Login

Reset Password

Already have an account ? Login


If you have any concerns regarding this press release, please contact the Author / Media Contact / Business of this press release. ePRNews is not resposible for the accuracy of the news posted and do not endorse, support any product/ services/ business mentioned and hereby disclaims any content contained in this press release.