Category: Structural Damage
Jury Orders Citizens to Pay
ST. PETERSBURG — A Pinellas County jury has sided with a Crescent Lake homeowner in a battle with Citizens Property Insurance Corp. over whether a sinkhole damaged his home.
Friday’s verdict has the potential to affect other cases, especially in the Crescent Lake area, where insurance companies have rejected sinkhole claims.
Citizens Property Insurance Corp. must pay the full policy limit - $103, 000 - on the Crescent Lake home of Oliver and Eriko Leeds. Attorneys for Citizens could not be reached Friday to say whether they planned to appeal.
Read complete post