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December Newsletter 2024

As we near the end of 2024, one thing has become glaringly clear: the insurance industry is not the ally it portrays itself to be. Instead, this year has brought to light the unsettling truth about its practices. From denying legitimate claims to manipulating damage reports, the industry's focus remains on protecting its profits at the expense of policyholders.

The Changing Attitude of the Insurance Industry

The insurance landscape in 2024 has dramatically shifted, and unfortunately, not in favor of the policyholder. Instances of underpayments, ignored calls, delayed responses, and outright denials have skyrocketed. Many homeowners and businesses have discovered the harsh reality that their insurance companies are not in the business of offering support but are instead determined to minimize payouts.

One of the most alarming trends this year has been the manipulation of damage reports. Licensed adjusters have revealed cases where insurers alter or omit critical details to reduce claim values. This deceptive practice leaves policyholders to shoulder thousands of dollars in out-of-pocket expenses. Even those who diligently pay their premiums find themselves at the mercy of an industry that prioritizes its financial interests over fair settlements. In fact, adjusters themselves have openly shared troubling examples where damage reports were deliberately altered—making it clear that homeowners’ rightful claims were systematically undervalued or ignored.

Busting the Myth of Fair Settlements

One of the biggest misconceptions is that insurance companies always act in the best interest of their clients. The truth? Their primary goal is to protect their bottom line. This means offering lowball settlements that barely scratch the surface of what’s needed to cover damages.

Myth:  “The  insurance  company  will  always  offer  a  fair  settlement.”

Fact: Insurance companies work tirelessly to minimize claim payouts, leaving policyholders with less than they deserve.

In one such case, after a major hurricane devastated a Florida community, homeowners were shocked to receive settlement offers far below the actual cost of repairs, despite detailed damage assessments from licensed adjusters. In some instances, entire sections of reports were deleted, and estimated repair costs were drastically reduced. This troubling trend has left homeowners not just disappointed but stranded with inadequate funds to rebuild their homes.

Real Stories, Real Advocacy

This year, we’ve seen countless examples of policyholders being shortchanged by their insurance companies. But we’ve also witnessed the power of advocacy. Time and again, our clients have come to us frustrated and overwhelmed by their insurance companies’ tactics. And every time, we’ve stepped in to turn the tide.

“Our role isn’t just about numbers or policies—it’s about ensuring that homeowners and business owners alike are treated with fairness and respect, feel empowered”, said Richard Farrand, a public insurance adjuster in Minnesota. It’s about holding the insurance industry accountable and proving that policyholders have rights worth fighting for.

Take Control of Your Claim

Don’t let the insurance industry’s deceptive practices dictate your financial recovery. If you’ve faced underpayments, altered reports, or frustrating delays, remember that you don’t have to navigate this alone. Hiring an advocate today!

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Richard Farrand
CEO/President
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Previous Editions

June Newsletter 2025
Richard Farrand
June 2025
May Newsletter 2025
Richard Farrand
May 2025
April Newsletter 2025
Khadija Gul
April 2025
March Newsletter 2025
Khadija Gul
March 2025
February Newsletter 2025
Richard Farrand
February 2025
January Newsletter 2025
Richard Farrand
January 2025
November Newsletter 2024
Amy Watson
November 2024
October Newsletter 2024
Amy Watson
October 2024
September Newsletter 2024
Richard Farrand
September 2024
August Newsletter 2024
Richard Farrand
August 2024
July Newsletter 2024
Richard Farrand
July 2024
June Newsletter 2024
Richard Farrand
June 2024
May Newsletter 2024
Richard Farrand
May 2024
March Newsletter 2024
March 2024
February Newsletter 2024
February 2024
January Newsletter 2024
United Policy Holders
January 2024
December Newsletter 2023
United Policy Holders
December 2023
November Newsletter 2023
United Policy Holders
November 2023

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