Editor's Note: The following is from a blog by FAIA's Scott Johnson posted in mid-May at www.faia.com. Although SB 2044 was eventually vetoed by Gov. Charlie Crist, along with the public adjuster reforms and changes to RCV claims-paying processes contained therein, Johnson's case for reform remains timely as we move ever further into hurricane season.
For those convinced I've been exaggerating the link between Public Adjusters (PAs) and the lack of any replacement cost "hold back" provision, consider the case of Jorge Espinosa. Arrested in May and charged with 18 felony counts, his debut was in 2004 when he resigned from the Miami-Dade Police Department for killing an unarmed teenage burglar — an event he often referenced to reluctant clients of his newest venture, Global Adjusting, LLC.
Facts of his arrest reveal an intimate marriage between PAs and replacement cost coverage — one is the messenger; the other, the message.
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