Washington Post just published special report about insurers cheating Ian survivors. It is national news. Good job! You are correct. It is a scam.

@BuildingIntegrity

Жыл бұрын

Wow thanks for the heads up! Timing could not be more perfect.

@soulfireonfire6423

Жыл бұрын

Shouldn’t be a surprise ! Katrina- State Farm had to pay like $100 Million for false Katrina claims!

@Zinojn

Жыл бұрын

@@soulfireonfire6423 they make billions….

@elpatudo3670

Жыл бұрын

​@@soulfireonfire6423And they screwed folks out of $1 BILLION in legit claims. PATHETIC 🤮

The pattern you've laid out- working in the industry> moving on to the gov't > moving to the lobbying side of the house. - is repeated throughout our society. Something has to change.

@BuildingIntegrity

Жыл бұрын

I agree!

@Gkuljian

Жыл бұрын

And as an aside, Desantis was a participant in the torture at Guantanamo. Corruption at top levels of our country.

@williamevans6522

Жыл бұрын

@@Gkuljian He was in the Navy. He was a Lieutenant and a prosecutor there. That was his "participation ".

@davidcharles324

Жыл бұрын

Yes, much like the career ladder step from the FDA to Pfizer, etc. One of the many reasons the covid shots were "approved" without sufficient testing and granted liability immunity. And declared safe and effective. SMH

@jaylav1125

Жыл бұрын

@@Gkuljian That is just a dumb statement

Josh you are doing a great service to the people of FL. Unfortunately, this is not just the insurance company defrauding the public, it’s wide spread throughout Corporate America. They do it because they know they have the politicians in their pockets. They don’ t have to worry about accountability, they already got their people in the legislation body to pass the laws that will benefit them, not the public.

@tuck6464

Жыл бұрын

Spot on . Just as dirty ,among many others, is district attorneys, assistant d/a's, and judges stepping out/down and opening criminal defense law firms.

@pecan11

Жыл бұрын

They do not own the govt! Damn it! The PEOPLE don’t exercise their power (only at small percentage at election time) PPL NEED TO BE INVOLVED stop blaming others and blame yourselves

When the storm manager called the adjuster and spoke to him, saying, "If you are using drones for damage assessment, then we can't deny claims", and the adjuster asks, "Why would we want to deny claims"? and the storm manager hangs up on him, that is the same as saying, if you continue to use drones, then this insurance company will discontinue to employ your services as an adjuster in the future. That was all implied, with a hang-up.

Congratulations Josh on beating the Washington Post on their lengthy article on this issue that came out 1 day after your video. You are providing a crucial public service. Legislators must be held accountable for allowing state sanctioned insurance fraud.

when politicians are as corrupt and greedy as corporations, society falls apart. The world needs more Josh's and less bureaucrats and ceo's. Love your work

My aunt is having to fight with insurance over the last couple of storms. She is in her 80's and this is deplorable.

@timbrown9305

Жыл бұрын

There should be a forum where we all act unified and fight for her. As a huge group, we all send the same letter in individually addressed envelopes. Make it easy and see what is finally effective. I'm not much of an idea guy but you get my point.

@nickamodio721

Жыл бұрын

@@timbrown9305 this is actually a fantastic idea. I've never heard of the idea of crowd sourcing advocates for people who desperately need them - because after all, not everyone can be their own advocate, especially an effective one. I wonder, what would be the best way to organize an online community around this idea?

Sad thing is Josh, very few people have the integrity you have.

@BuildingIntegrity

Жыл бұрын

Thank you but I'm also not perfect. The goal, as I see it, is to STRIVE for integrity. As long as that is our aim, we will make better choices than when we are guided by greed. Thanks for watching and commenting.

@daytonagreg8765

Жыл бұрын

Yeah, No one has a lot of integrity except “Josh”. WTF? Is that Josh’s mom?

I have contacted my state of Florida legislature representative about this issue… fraud is fraud.

@ruthlieberman7157

Жыл бұрын

And what did they tell you? We’re being ripped off here.

Found your channel after the Surfside collapse. Had no idea I would be interested in structural engineering and integrity but I learned so many things through that series. But Josh, haven’t insurance companies (medical, property, liability, etc.) had literal control of our government policies for decades? How do we stop any of it? I think you are right that personal integrity is the pivot point. I just fear that we’ve slipped into an abyss in that area. Thank you for being a voice to call this out!!!

@BuildingIntegrity

Жыл бұрын

I suppose you might be right about their political control. To be honest I always found politics depressing and never paid attention. Perhaps I am just now discovering and exposing things that everyone else always knew... lol

@screwytube

Жыл бұрын

@@BuildingIntegrity You have integrity Josh. Probably the way you were raised. I worked in aircraft. When you know what you do/don't do effects peoples lives then you take on a larger responsibility. The absence of a chain of signatures is fraud. When people know there is accountability then they tend to do the right things. Sometimes a cop witnessing a red light runner should always be in the backs of our minds, even if none are there to see it happen.

@catherinegilles6408

Жыл бұрын

People: It is time to change these fraudulent goings on by insurance companies, politicians allowing these “big companies “ to get away with bring deceptive and fraudulent etc. start voting them out of office!!!!! Start investigating these “big companies!”

@catherinegilles6408

Жыл бұрын

Being deceptive not “bring”. Spellcheck is awful!

@argusfleibeit1165

Жыл бұрын

@@BuildingIntegrity We really don't have the luxury of ignoring politics, no matter how depressing it is. It might be too late, actually, now that our statehouses are literally owned by giant corporations and oligarchs. Had we paid attention and made our voices known a couple of decades ago, I think we had more power, and the laws were not quite so neatly tied up against us. We've also lost a great deal of the judiciary that used to be less corrupt, and would support citizen rights. Know who you are voting for, and ask whether they truly support your interests. Both sides are not the same.

"I felt like my hands were tied, my legs were cut off and they told me to swim to shore!" Great quote.

@BuildingIntegrity

Жыл бұрын

Agreed!

@georgiapatriot4575

4 ай бұрын

@@BuildingIntegrity "I mean, what's he complaining about--he still had his hands", said the insurance company.

I had a long time friend who owned an insurance investigation company for 35 years here in St.Louis Mo. Insurance companies hired his firm to investigate / appraise claims. He said 75% people denied claims wont fight it, and the insurance company saves money. So denial of claims was the preferred 1st wall of defense for insurance claims.

@BuildingIntegrity

Жыл бұрын

This has been my experience working with victims of hurricanes in Florida for the last couple decades.

@erickling87

Жыл бұрын

​@Building Integrity Same thing with roofing claims and decking replacement. Insurance refused to replace ours calling it "ROT". We had to get our home appraised in order for them to cover the cost of the decking.

@timbrown9305

Жыл бұрын

@@erickling87 I always ask what the next hoop will be when they ask me to jump through the first. Used to work a long time ago but not so much anymore. They just wear you down.

@damham5689

Жыл бұрын

@@timbrown9305 and since insurance is mandatory , unless youre wealthy enough to be self insured, the insurance companies can do as they want. There use to be a time when the state would control what insurance companies could do, but with bribes and who knows what else over the years, now the state protects insurance co from the insured.

There seems to be out of control greed in so many industries! Thanks for this info about fraud in insurance companies.

Thank you so much Josh for explaining the nightmare of the insurance industry. It is so hard to understand this until you have a claim...

@robi4387

Жыл бұрын

Ain't that the truth. When the worst happens, you expect the insurance to pay out on what they said they were covering. The fact that they don't but pretend to care is worse than the crime that caused the loss in the first place. The only thing worse than insurance companies is the politicians and police that aren't interested.

@WhittyPics

Жыл бұрын

It isn't just property and causality. Insurance is designed to rip people off and the politicians are in bed with them

I’ll add to that definition of integrity. Integrity is doing what you believe to be right even when it hurts you. These whistleblowers deserve more than respect. They deserve admiration. Sadly, they will be punished for speaking out, so remember them. Heck, if you are in a position to do so, offer them a job. I know of no business that couldn’t use another smart, honest man. These are the people, often nameless, rarely acknowledged, that hold our society together. They force dishonest people to worry that fraud will be caught. Their sacrifices make all our lives better. We should all aspire to such strength of character, and we should all work to make our world a place where all people like these are rewarded for their actions.

@khp1244

Жыл бұрын

Beautifully articulated!

@Stephanie_12345

Жыл бұрын

I totally agree with you.

@user-sd2hk3ri2v

7 ай бұрын

Everyone is scared to go up against a giant like the insurance companies. Good adjusters are trained to detect fraud, regardless of where it comes from and if they find it’s happening on the carrier side or the policyholder side and fail to report it, then they would be an accessory to the fraud, if a legal matter was to come up and the claim be investigated. The estimated amount of fraud committed by just one insurance company just for Hurricane Ian is around 26 billion dollars. This is why you see so many homes still showing damage with no hope of getting enough money for the repairs. We definitely need to support these whistleblowers anyway we can.

Terrible statutory changes and your analysis is right on. Insurers aren't in business to pay out and they will avoid it if they can. I wasn't aware of the actual fraud noted in the videos though. BTW I'm a litigation attorney.

@BuildingIntegrity

Жыл бұрын

Thanks for watching and commenting. Much appreciated.

@azarml

Жыл бұрын

@@BuildingIntegrity I watched all your fascinating videos on Champlain Towers.

Brilliant analysis. More proof of the adage made famous by Molly Ivins: "The crime isn't what's illegal, the crime is what's legal." I would forward this to politicians in my state to watch in an attempt to correct similar flaws in regulations but fear they would only learn how to similarly exploit them for personal enrichment rather than correct them.

@soulfireonfire6423

Жыл бұрын

This goes on in every state regarding all types of insurance! Been going on for decades!!!!

The sickening thing about hearing these whistleblowers is that I have hear similar things before. There is a man named Wendell Potter who turned whistleblower against the health insurance industry. He has described actions similar to what these guys say. Only thing is that with health insurance it literally is life or death. I stumbled upon this channel when the Champlain towers incident happened, and am glad I did. You sir do a service educating people.

Florida Government: "We see you, we hear you, we will pass laws to deal with this." *Passes law allowing insurance companies to sue to have KZread videos removed if they say mean things about them*

Wow, thank you so much for this video. I’m so grateful I found you. I’m so tired of arguing with uninformed people who buy into all the excuses and fraud the insurance lobbyists and our legislators spew.

…interesting who has the most money in every town. Greedy, corrupt insurance, medical and banks.

If you are a Florida resident email your state representative and the governor, including a link to this video and a demand for remedial action to be taken immediately. Lobbying is only one part of this - public apathy is the part that they count on to get away with this. Plato was right that the price of apathy in the public square is to be ruled by evil men.

The news and information that you share on this channel cannot be understated. This information needs to be shared with as many people as possible in a way that they can understand which you do a superbly good job with and a primary reason why I jump on videos as soon as you release them.

@BuildingIntegrity

Жыл бұрын

Thank you for the kind words!

Having delt with insurance companies after hurricane Sandy It was difficult, they would try to minimize damage . We had the ability to sue which made them make good on most coverage. I cant imagine not having that ability. Nice work.

@timbrown9305

Жыл бұрын

Yes, you can imagine not having the ability to sue but unfortunately on youtube it seems to end here

Thank you Josh for your work in exposing real issues with the insurance industry in Florida. I am in the middle of pursuing claims for our condo building at this time and scratching my head with different messages I receive from our adjuster and insurer. Your video may be explaining what is going on behind the scenes. I'll keep at it. Thanks again.

@BuildingIntegrity

Жыл бұрын

Good luck Gary! Keep at it.

@carriebremet2086

Жыл бұрын

The insurance issues are not specific to the State of Florida. They're escalating in many areas of the country. Colorado and Kentucky are the new areas to homeowners getting sticker shock when reviewing their renewal policy premiums.

I'm sadly no longer a homeowner. Renting UGH! I love watching your videos Josh. I've always been interested in engineering. I began following you after the Champlain collapse. (That was crazy!) You always have lots of information about all these things. You're very articulate, thank you. I'm sure many people watching this particular video are saying things like... oh, that's how that happened to my claim. I cannot imagine! The heartache of losing so much during a major storm and then having this happen... oh my! Anyway, thoroughly enjoy your videos. Thank you for sharing your time and vast knowledge with us. Stay safe ,Vickie

@BuildingIntegrity

Жыл бұрын

Thank you Vickie.

Privately owned insurance firms are a conflict of interest in and of themselves and it's crazy to me that mutualized risk would not just be handled by non-profits with lots of liquidity. I feel like the US gets the worst of it. There's so much uncertainty. There are so many things that can happen and just absolutely ruin somebody who's got their shit together, it's scary. The purpose of insurance is to eliminate catastrophic losses and yet apparently you can have the correct coverage and still end up destitute because the suits decided to run away with your premiums.

@petemorton8403

Жыл бұрын

They need a type of insurance to protect against wives running off with boyfriends. Then taking over half of everything. The new guy becomes her teammate against just him. I'm that guy, ruined. So much built, so much a sweetalker sees he can help take.

@genossinwaabooz4373

Жыл бұрын

@@petemorton8403 Why not many of the legal protections & responsibilities afforded business incorporation? Like fiduciary duty? Marriage contract has so many gotcha problems unforseen by most ppl. Imo there are ways to fix things but they remain as-is for "reasons"...

Independant examiners should be forwarding their report to the homeowner as they send it to the insurance companies.

@55pakmann

Жыл бұрын

The independent adjusters should sue the insurance companies for fraud and falsifying records, once the insurance companies start getting sued from all angles, hopefully they will stop

@gloriapalmer6629

Жыл бұрын

As the homeowner I would fully expect a copy of the report an adjuster is submitting to my insurance carrier. Photo documentation included. I get what they get so when the start altering photos or verbiage I have something to throw back at the insurance company.

You are a blessing and an inspiration, Josh!

@BuildingIntegrity

Жыл бұрын

Wow! Too kind.

Thank you for making this crystal clear. This is sad. They (politicians)are doing nothing to help their constituents it's disgusting.

@jeanetteshawredden5643

Жыл бұрын

They ( politicians) have been bribed by lobbying interests in favor of home ins companies. And pharmaceutical Companies. Politicians sell out to the highest bidder.

@designstudio8013

8 ай бұрын

why should they?- They are at the top of the Pirate food chain. They are high tech thieves.

Lot of people are bashing mainstream news that they are often inaccurate. But they are meant to be inaccurate. Well, they are meant to be FAST, even if it costs accuracy. It SHOULD be follow up by in-depth investigate analysis, like this, which is often missed. You are doing a HUGE service.

Sounds exactly like SEC, you can't prosecut your future employers. We could spend a lifetime connecting the dots. My happiest day was canceling my ins. Policies. Thirty years self employed I do not cut corners or misled ny customers. Great video

Thank you for bringing this information out. I doubt things will change quickly but there’s a chance if you reach enough people. In the meantime we can enjoy knowing cockroaches hate being exposed to the light. These people darn well know they’ve done something wrong.

@BuildingIntegrity

Жыл бұрын

Thank you for watching!

Somebody has to ask DeSantis about this. The whole country needs to watch this video!

Josh I appreciate your channel, you truly unravel red tape and underscope the bare bones of corporate greed. truly a man of integrity. ❤

If this is happening in FL, it will extend beyond if the politicians don't see any blowback. This video is at least some blowback. I hope this gets picked up and spread widely.

@grizzlygrizzle

Жыл бұрын

In a distantly related case, Medicare Advantage plans, which are not real Medicare plans, but Medicare clients sold off to private insurance HMO plans, have begun to use AI algorithms to decide whether or not to approve or deny claims. If you case is not as bad as the average case in your "category," you'll do OK, but if there are unusual circumstances, you'll get screwed. Christopher Westfall here on KZread did a recent video about it.

@SandySez

Жыл бұрын

@@grizzlygrizzle Thank you for mentioning his channel, I just subbed!

@Paranimal86

Жыл бұрын

This is the case with all politics across the country look at big pharma and the regulators in DC… until people start to realize there aren’t republicans or democrats but 1 Uni party things will never change.

@carriebremet2086

Жыл бұрын

It's already extended to other states. CA, CO, KY among others. By the way Oklahoma has the highest ho insurance rates in the country

Thank you for this! There are so many people in this state that regurgitate the talking points from insurance companies blaming lawsuits and contractor fraud, etc while completely ignoring the real cause of the astronomical rise in insurance costs. Most folks are sheep unfortunately.

The way you describe this system with the "appearance of corruption" is exactly the way the cdc, fda, pharemceticql companies and hospitals seem to work with one another for the benefit of one another instead of the health consumer.

Thank you for the details and explanation. Here in Colorado with all of the wildfires and especially after the Marshall fire, we are hearing rumbling of insurance companies pulling out of the state just like Florida. Understanding what is happening in Florida compels me to watch the Colorado legislature closer to see what they are up to.

I love your channel. You explain complicated engineering in a way I am able to understand, without talking down to us. That's a great talent!

Wow, this is amazing but sadly not surprising. My property insurance in Clearwater has doubled in the last few years. I have no confidence that I would ever recover any damages from them if I needed it. It didn’t use to be this way. Thanks for taking this on. I find your channel incredibly interesting and helpful.

@ruthlieberman7157

Жыл бұрын

What can we do here in FL where we have a pos Governor who allows that to happen . But don’t say guy, remove books from libraries, and now severe restriction on bodily autonomy for women is the most important. I’m thoroughly disgusted!

The most clear, precise, understanding anywhere of the BS happening here in Florida. Espcecially the 25% building code, everyone misses that. The new building code law, one way attorney fees and arbitration, which the insurers are gonna sneak in every policy because homeowners aren't aware of these things, is the doom for homeowners in Florida. You covered "everything" and I mean everything!! I'm in the know and NO ONE online, wraps it all in one video or has the knowledge or ability to- I mean NO ONE!! My friend in the industry just told me the other day about whistleblowers coming forward as well. What an added bonus to an already great informational video. You've earned a subscriber. Thank You

@BuildingIntegrity

Жыл бұрын

Wow! Thanks!

Great report Josh. An an Australian this isn’t super relevant regarding your local laws, but ethics and integrity is universal

A smart honest person - they DO exist .

Great video, Josh, thanks. I think ethics v. corruption is the core of a functioning society. I'm ethical because being evil makes my hips look too big. We need reliable systems, accountable /transparent representation and checks and balances. That's what makes a decent world and, spoiler alert, that's also better for business in the long run

@itechfive240

Жыл бұрын

When a great society makes things so complicated for citizens that they needed an attorney just to get thru life is truly it's last days. I used to like this country not so much anymore. Thankfully I old and don't have many more years to see this bs anymore. Sad

@jeanetteshawredden5643

Жыл бұрын

Luke: dream on. Not happening in tge USA today.

It's not what you do when they're looking, it's what you do when they're not. I happen to work in multifamily new construction projects from the Green Energy Side. Found your videos after Surfside collapsed and thought I would enjoy the engineering side of things. I was right, I have not missed any videos since then. Great work on the insurance shenanigans. With some luck people can force some changes.

My dad is still struggling with some of these issues after Ida swept thru the New Orleans area 2 years ago. Its sad.

Personal experience: paid for homeowners insurance for over 25 years for my house and outbuildings. Agent assured me it was all covered. Someone broke in to shop building and stole tools. Insurance company refused to payout because " out buildings arent covered", and " we aren't responsible for what the agent says." Then the next years premium rate was doubled. I found another insurance company that had a lower premium than i was originally paying.

I will get nightmares on how horrible it is for the consumer in the US. I'am from sweden and here you can even get a part in the insurence that will give you money even if you are the couse of the damage.

What's going on here in Florida with insurance companies demanding new roofs be put on your home or they'll drop your coverage. We and 4 other families in the neighborhood had the insurance companies tell us we had 90 days to get completely new roofs even though their insurance inspector passed our roofs. We had to put out $17,000 cash for our roof. We have a great house in a wonderful neighborhood. Our houses are not falling apart. Were on the Treasure Coast.

@ruthlieberman7157

Жыл бұрын

We’re here in FL 55+ community, 37 building, each building has 10 units, 5 on first floor and 5 on 2nd floor, total units 370. Can’t get insurance unless we have new roof. We’re are responsible to pay $23,000 per unit. In addition insurance still up and must be added to HOA fee. How is that possible??

I'm from Florida and I just canceled my homeowner's insurance once it reached over $11,000 a year. Now I'm starting from scratch to self-insure since I own my own house. The decision became easy after observing the red flags with people that I know have insurance and didn't get their full payouts. There was always an excuse. If anything ever happens to my house is my backup insurance policy. I built a tiny house. It's the best I can do at this point. Very helpful video series.

I'm 74. There is nothing new about any of the collusion between government and insurance companies. Auto insurance is mandatory in most states if not all. Traffic violations such as speeding where you get assessed points works in the favor of insurance companies who routinely charge more for auto insurance where you have points on your driver's record. Now on the surface that seems reasonable. However, speed traps set up at the bottom of a hill where drivers naturally go faster allows states to charge drivers for a ticket and insurers get to raise you rates. Use of aerial and ground (vascar) where the distance between 2 lines is timed (this is done from the air probably using drones) allows states to increase tickets/points/insurance rates. And you as a driver have no way to challenge these. If someone says you are guilty, you are ticketed. That leaves a lot of discretion to those who are conducting the equipment. And it makes drivers unable to contest such. In one state back in the '70's the governor had state police increase ticketing meanwhile setting up an insurance fund for those who couldn't be insured by regular insurance companies due to points. This governor finally was put in jail. But not before many got their pockets lined. So, its easy to see how we are all being robbed by those who set the rules and their controllers (insurance companies).

@danielguza5013

Жыл бұрын

To add insult to injury years ago we had auto insurance companies bragging in the local media (Ohio) about donating radar guns and similar equipment to law enforcement. It's a racket, the insurance company gets a big return on the cost of those donated radar guns in insurance surcharges on those ticketed. Hell, way back in the 90's we figured the total cost of one 2 point speeding ticket was at least $1,000, the cost of the ticket plus a $300 insurance surcharge per year for 3 years. It's well worth your time to plead not guilty and fight it in court using any technicality you can to beat it. If the LEO doesn't show for court ask for a dismissal etc.

No you were spot on in the first video 🎥 . Despite what people say, there are citizen of the US all way back to the hurricane in New Orleans that are still waiting for the help they were promised. Insurance Co. Are a scam. Flood Insurance are the worst offenders. Thanks for looking into the problem and helping we the people.

WOW! God Bless the whistle blowers for coming forward. This needs to be put on TV to make more people aware. Greed!

There's never money to pay a claim fairly but we have to face all of the advertising on TV, professional sports arenas, Promotional paraphanelia and the big one, "naming rights" to huge stadiums such as "the Pond" in Anaheim, CA., Fontana Speedway, CA., Golf at the Riveria Golf Club, Los Angeles Stadium as insurance companies lay out tens of millions of dollars to play big shots with their names plastered here and there and I guarantee you several top level Insurance Directors, Presidents and VP's have prime seats at every event with food, drink and all the trimmings. I just have to ask them, out of the $10 million for naming rights, just how much new business is generated from just that method of marketing? Sure isn't going to add up to 10 million anytime soon.

I appreciate you’re perspective, and I’m glad you are using your platform to challenge others to strive for real integrity! Thank you for what you’re doing!

I was notified last year that my insurance company was cancelling my policy. I asked the reason and was told it was because my house has pex plumbing. Well my house was my grandparents that they had built by a contractor. And my grandfather took pictures of everything and every step of the build. He put it in a photo album with all the blueprints and owners manuals to the house. It didn’t matter. It went from $900 to over 2k

We live in colorado and I had two severe hail storms come thru and damage our roof in a 4 year period. I have learned that the best thing to do is hire a reputable contractor and let them deal with the insurance company. My contractor says that he spends approx 50% of his time arguing with insurance adjusters. It’s sad that you pay good money for a policy and have to go thru this BS to get your money out of them. Insurance companies are the scum of the earth.

Nice summation Josh thanks for your efforts on Building Integrity

This channel is so important. Thank you for all your hard work.

The first channel i have ever seen, that explain homeowners costs in depth

Thank you Josh. I started watching your channel because of the great engineering based information after the collapse of the condo in FL. Such catastrophic loss of life is almost unimaginable to watch from a distance and so hard to understand. It pains me that in addition to the fact based technical content you also need to provide this type of coverage. Very important, probably more immediately important to most of your viewers because it is happening not during a crisis but on otherwise unremarkable days when we might be out playing golf, riding our bikes or enjoying time with our families (or gasp, working at our jobs). It’s happening in government and corporate offices and in legislatures when we are living our lives and only enters our awareness when calamity hits and we find out, our safety net isn’t there at all. Thank you

You can blame the AOB contractors for a lot of these laws. They took advantage of a system, billed insane amount for little work, and sued the insurance company. I believe more contractors were suing the insurance companies under and AOB than the insureds themselves. Example- mitigation company claims storm water is cat 3 must be removed. Instead of removing the damaged materials they dry it for. 5 days and bill an insane amount. Then they sue. Why didn’t they tear out the damaged material then dry the sub-surface. Because they can bill more for drying then demo. Then they bill stupid $50k for a 5 day dry out when it could have been $10-15k . Let’s also not forget about the false plumbing bill, air assessor, and engineers writing false report to support their public adjuster/attorney friends. I know first hand because I worked on that side and hired someone of these companies in the beginning not knowing how corrupt they were. Then what do they do they sue. This was the problem and they put an end to it. The golden goose is no longer golden . Mold was gold back in the 2000s. Again mitigation companies took advantage and ruined now there’s limits. Look at the trend. It’s not just the carriers it’s the corrupt contractors also.

@1Esteband

25 күн бұрын

Josh did not mention AOBs which is the biggest issue addressed by the new law

A very revealing video Josh. I would add to your final comments about personal integrity - vote for and elect politicians that demonstrate integrity. Let them know how you feel about the laws and regulations being proposed. You can be assured the insurance companies are telling them their side. The old adage, follow the money, usually tells a story.

@BuildingIntegrity

Жыл бұрын

Great advice and solid comments. Thanks.

This actually sounds a lot like what constantly goes on in the auto insurance industry. It's not fraud for them to tell me what they will pay for and not and how much They have their hands so far in the books, formulas and procedures that we are required to go by. They decide the quality level of parts used to repair Worse part is they dictate how the repair will be done by refusing to pay for a different way. But the shop and the tech doing the work is expected to do the repair to manufacturers recommendations and procedures. If the shop and tech don't repair it properly even if it's because the insurance refuses to pay to do it correctly by procedure they can be both civil and criminally liable.

I love how even with the laws utterly stacked in favor of these companies, they're still fleeing the state. What an absolute clown show. It does, however, illustrate something that's more ominous. Basically that it's impossible to collect enough premium payments to cover these types of catastrophic losses.

@rberkar6669

11 ай бұрын

If the insurance companies did a little more due diligence on what they are insuring they would be dollars ahead. Instead they just charge a rate for everyone whether they maintain their building or not.

@debhagedorn7398

10 ай бұрын

No, just that there's no end in sight of the greed of insurance industry and too many American people.

@debhagedorn7398

10 ай бұрын

In addition to mismanaging premiums money whichvis problem #1. CEO pays himself $25:million, shareholders $10 million each, oops, just ran out of money. Damn thieves

Excellent video. Thank you for the information, you knocked this one out of the park (especially at the end)!

Thank you Josh for yet another very informative video. This is exactly the reason that I self insure. I do not have a mortgage, but I bank more that an annual premium would be. After 20 years of doing this I have amassed moe than I would likely be granted if I had a claim. I had relatively mild damage here in Lee County after Ian and I will be prudent in buying material and making repairs. So far I don't think I will have to touch my "insurance fund" to make things back to normal. Just shop materials wisely and sweat equity. I do hope your insight will help to make things fair for consumers and maybe change my attitude toward insurance companies.

@katiekane5247

Жыл бұрын

Smart plan. Self insuring requires commitment that many people lack. Most likely a better method than most any insurance.

@jackstauffer413

Жыл бұрын

Thank you Katie. Yes it does take commitment and you are banking against the odds for the first few years, but with some luck and being as prepared as possible when danger is eminent you just have to roll with it and pray a lot.

The regulators now require that we replace roofs that are in perfect order every 10 years. This is to me criminal. It is as bad as the 2% rule for hurricane damage. Insurance on homes is getting so expensive that some cannot pay.

@BuildingIntegrity

Жыл бұрын

I agree. This problem is exacerbated in flood regions.

The amount of tongue-biting I see on this video is astonishing. Well done for maintaining composure Josh!

This was such a shocking video. And the way you ended it was really powerful. Your channel is wonderful.

Isn't this one of the best and most inspiring compositions ever done? You would have to have lost someone you love because of insurance company lies to understand the significance and profundity of what is being presented here.

Father God please keep this man of integrity safe and honor him as he honors You. ✝️

Saw the story about the Insurance Companies and the changing of adjuster reports in my news feed this morning and thought of you after the last video. Nice job putting it all together in video format!

As easy a target that “Big Insurance” is, it’s actually the smaller Florida domiciled companies owned by investors/PE funds that are swimming in the muddy end of the pool.

I've found the Florida insurance regs deceptive practices, FL Insurance Law section 690-153. I am in the insurance business, I think most people simply do not have any understanding of insurance, period. You are doing a good service in education, we won't fix Florida but I'm all about any video that adds more educated consumers 😊

Integrity is getting harder to see. Too many people are self-centered and selfish in choosing their self-interest over what is right.

sounds like this needs to be settled with a class action suite in federal courts.

The wicked are more than willing to provide as much abuse as society will tolerate, and we have never been more tolerant.

This sounds awfully similar to what they are doing with health insurance in my country. Its mandatory to pay and its not allowed to fix it yourself. Its about 1/10 of my monthly income, and i haven't seen a medical professional in ages.

California might be a nightmare, but consumer protection is a bright spot

My FL house policy just doubled from last year. When I balked at the price hike, they sent me the next cheapest insurance quote that was about 4x last years premium. I'm inland and was not affected by the hurricanes, nor have I made any claims. Not only am I getting screwed on the premiums, I know if I were to make a claim it would either get denied outright or way under valued as they point to reason 5,437,232 in the fine print of the 62 pages of exceptions for why that specific event isn't covered.

This will be great - taking a look “behind the curtain”

Many building depts in Fl are corrupt, as the developers control the commissions who control the Building Official.I inspected thousands of houses and buildings and many times I was threatened with my job for enforcing the code.

Another twist is insurance companies sending reclamation companies to policyholder homes days after a storm. The reclamation companies fleece the homeowner by saying they will clean and return the house items, then hold them, hostage if the homeowner cannot or will not pay the ransom because of the overcharge on the items. For example, they say it costs the company $20 to clean a toy that can be purchased new for $5.

I don’t know if most people know this but the Independent Adjuster gets paid off a fee schedule that is based off the price of the claim. So if the Insurance agency is knocking $10K off your estimate that will affect the IA’s pay out.

That is a GREAT message about integrity, Josh.

I was recently asked by an insurance agent to remove something from a four point inspection report because they knew the underwriter would not bind the policy with it on there. I told my client to call another company because I wasn't changing it.

Most insurance companies do not like "public adjusters" if that is what these "independendent adjusters" are. The difference would be who hired the adjuster...the insurance company claims rep or the homeowner/policy holder. Public adjusters tend to advertise they will seek the best payment possible and the will do so at no charge to the customer except for they have a 10% fee of the total damage amount. This is based on the accepted full loss payment by the insurance company. An independant adjuster hired by the claims rep would be working for the insurance company as if they were an in house insurance adjuster. Usually, in big loss events like the hurricanes, insurance co's do not have enough staff to inspect every claim so they hire the outside or independant adjusters to assist in the high volume of claims. So, if these adjusters are in fact hired by the claims rep and then the estimates are altered in any way, its fraud. The actual person who wrote the estimates must be the one who make any legit changes...the claims rep can then add for other items that are not included on the inspection estimate. Seems like these insurance company executives and managers need to see some time inside a prison cell. BTW...as we have progressed the many decades, note how many safety and fire prevention building codes have been put into play and the number of losses that have been prevented compared to the older days. Homes and structures are built with more protections these days yet the cost of insurance continues to go up and up all while the number of claims shrink. Maybe its all of the foolish advertising and company expenses ?

i haven’t watched your previous video but would love your insight on the insurance companies that pulled out of insuring HOAs due to extreme claim payouts. i work in HOA management in california and the fire hazard areas were re-zoned and a couple of insurance companies dropped out of the program (specifically general liability, property, fire) in 2021 supposedly from having to pay out billions of dollars in claim payouts

Josh my words of thanks fail your societal value immensely and the effort you've put in to inform us. Your videos are very professionally well done. I'm trying to think of novel ways to self-insure. Of course, I'm not rich but I do own my home out right. I wonder if we could somehow crowd fund partial solutions at least. A public insurance fund of sorts outside of any insurance company comprised of homeowners without mortgages. Simply supported by everyday average Joe's. We know we can't rely on government, especially the current admin that has passed these statutes and passed these laws. There has to be a way. Have to think outside of the box and take power back. Thank you again.

A property I am associated with in Florida that got got damaged last year by Hurricane. The manager had an independent adjuster come out to look at the damage. The adjuster looked at the policy and told the manager that the policy had a clause that said if the manager had an independent adjuster inspect the property the policy was VOIDED.

Great Video Josh, I tell my friends to learn about the law before you need it because often it is too late. The changes in the Florida laws are a direct product of the high amount of losses in Florida. Making people aware is important and I think that only the banks have more lobbyists than the insurance companies.

When the fox is in charge of the henhouse the only winner is the fox.

5 Stars! 🌟🌟🌟🌟🌟 Insurance companies and banks are nearly one and the same. Insurance companies are totally EXEMPT from Anit-Trust laws by design via the McCarran-Ferguson Act at the Federal level. The laws are written in their favor by the lobbyist on "K" Street and voted into law by Congress then signed by the president... Both have HUGE buildings full of lawyers just waiting for lawsuits to defend by denying claims or other disputes. The laws should be changed at the Federal level.

Katrina shut huge parts of states off for a year or more. This country is getting more like the rest of the world. shady and shoddy. Jesse ventura got the hint years ago and moved to mexico. He worked for the state of MN and saw exactly how thing were being run. Our roof was replaced via insurance 6 years ago. It was flawless and smooth, no hiccups. They were cracking down on that back then. Now it's just about impossible to get them to pay.

Love your videos. Systems have a way of avoiding change, and systems that incentivize corruption inevitably produce corruption. Many of your comments can apply throughout states and federal governments. The incestuous hiring of regulators to and from industry… the hold that insurance has on us. Change is slow, but increased awareness will eventually lead to it.

The first 3 minutes of the video tell you all you need to know about the state of Florida.:-) I have a strong suspicion that insurance isn't the only problem.

Very compelling. Voters should hold legislators accountable for this demise

Well done! Love it!😀