[Liability Insurance] FW: Press Release_­Citizens reaches sinkhole agreement with Palm Harbor condo association

[Pence, Scott]

Please see below and attached – thanks to Jay Mussman

Scott P. Pence | Carlton Fields
Board Certified in Construction Law by The Florida Bar
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From: Mussman, Jay D. <jmussman at daypitney.com>
Sent: Tuesday, May 1, 2018 2:33 PM
To: Pence, Scott <spence at carltonfields.com>
Subject: FW: Press Release_­Citizens reaches sinkhole agreement with Palm Harbor condo association

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Thank you

Regards


Jay D. Mussman | Attorney at Law | Attorney Bio<http://www.daypitney.com/professionals/M/Mussman-Jay-D>

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From: Newsroom [mailto:Newsroom at citizensfla.com]
Sent: Tuesday, May 01, 2018 2:25 PM
To: Newsroom
Subject: Press Release_­Citizens reaches sinkhole agreement with Palm Harbor condo association

[cid:image002.jpg at 01D3E158.136BCD40]

FOR IMMEDIATE RELEASE
May 1, 2018


Contact: Michael Peltier
(850) 264-7702 (cell)
(850) 513-3774


            Citizens reaches sinkhole agreement with Palm Harbor condo association


TALLAHASSEE, FL –Citizens Property Insurance Corporation has come to agreement with Cloverplace condominium association that ensures condominium residents are made whole and necessary sinkhole repairs are completed to protect the residents, their neighbors and the community.

Under the settlement agreement reached Monday, Citizens will pay claims for repairs on sinkhole damage up to policy limits for 109 residents at the complex located in Palm Harbor.

“We are pleased that a settlement has been reached,” said Barry Gilway, Citizens President, CEO and Executive Director. “Citizens’ objective has always been to assure that necessary remediation takes place and that a contract for repairs has been executed. This settlement assures that funds are paid specifically to complete verified repairs. “

Gilway expressed appreciation to Representative Chris Sprowls, R-Palm Harbor, for his help in bringing the parties to the table and looks forward to working with the Pinellas County representative on any future property insurance issues affecting his constituents.

###





In 2002, the Florida Legislature created Citizens Property Insurance Corporation (Citizens), a not-for-profit alternative insurer, whose public purpose is to provide insurance to, and serve the needs of, property owners who cannot find coverage in the private insurance market.


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