Did I accidentally log on to GoAskYourMother.com?
I cannot call them because I was represented by counsel. My attorney is off for the weekend, and I wanted a second opinion, so to speak.
These a-holes categorically denied all claims on the Gulf Coast stating that, and I am literally quoting their transcript, here, "Hurricane Ike was not a wind event."
It is their SOP to deny all claims, wait for litigation, and settle for a fraction of the policy limit in mediation. It is a great business model - they only have to pay people with big enough balls to chase after them.
So, we go to mediation 22 months AFTER the house is demolished, they sign a Settlement Agreement that states all monies to be paid in 30 days. The settlement was not great, but fair. So, why am I surprised that they ignored this?
I paid my premiums. I didn't take government handouts. I filed my claim within 48 hours of landfall based on aerial photography of the lot, before the area was even open following mandatory evacuations. I bent over backwards to accomodate all of their requests in the assessment of the claim. I amicably settled in mediation. Once again, they are derelict in their responsibilities.
Can they just ignore the Settlement Agreement?
What is my recourse?