October 23, 2016

Condo Insurance Payoff

Art Levy | 12/1/2007
Damaged condo
Hurricane Wilma damaged the Chalfonte condominium complex in Boca Raton in 2005. The condo association sued its insurer over the amount of damage and recently won $8.1 million. [Photo: J. Meric]

Two years after getting slammed by Hurricane Wilma, the 378-unit Chalfonte condominium complex in Boca Raton has won an $8.1-million award from its insurance news, Australia-based QBE Insurance Group. Dan Rosenbaum, a Becker & Poliakoff attorney who represented the Chalfonte, thinks the verdict will lead to more suits against QBE, the largest insurer of condominium associations in Florida. Rosenbaum’s firm already has 10 other cases pending against QBE involving storm damage to condos. The Chalfonte case hinged on whether Wilma’s damage exceeded the policy’s deductible.

Tags: North Central

Digital Access

Add digital to your current subscription, purchase a single digital issue, or start a new subscription to Florida Trend.

An overview of the features and articles in this month's issue of Florida Trend.


Florida Business News

Florida Trend Video Pick

Mosaic's laser-beam measurement of sinkhole
Mosaic's laser-beam measurement of sinkhole

Last week Mosaic sent a drone with a camera flying above its sinkhole while the company lowered a measuring device using lasers into the hole to determine its width and depth. 

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

Did the final presidential debate sway your opinion any?

  • No
  • Yes

See Results

Ballot Box