Citizens Property Insurance withdraws lawsuit in exchange for $1 million under terms of settlement agreement

Citizens Property Insurance withdraws lawsuit in exchange for $1 million under terms of settlement agreement

A trio of Florida companies accused of working together to artificially inflate the severity of and costs to fix insured damages, agreed to pay $1 million to Citizens Property Insurance Company.

In return, Citizens agreed to withdraw a lawsuit filed in 2020 against the Strems Law Firm, Contender Claims Consultants, and All Insurance Restoration Services. Four individuals, Guillermo Saavedra of Contender Claims Consultants, Cesar Guerrero and Derek Parsons of All Insurance Restoration Services, and Scot Strems, were also named defendants in the lawsuit.

There has been no concession from the defendants that fraud occurred. The Florida Supreme Court suspended Strems from practicing for two year...

Full story at Florida Politics

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