Custom Wood Creations Wins $6 Million Judgment

By Bill Esler | Posted: 02/10/2013 2:49PM

 

Custom Wood CreationsCustom Wood Creations POMPANO BEACH, FL - Custom Wood Creations, a Pompano Beach, FL woodworking shop seriously damaged by Hurricane Wilma in 2005, won a $6 million verdict against FCCI Commercial Insurance for refusing to pay a claim after the hurricane.

The judgment following a jury trial for the case, originally filed by Custom Wood Creations, and owners Debra and Ronald Peters, in Broward County, FL Circuit Court in 2008. It provides for $1.2 million in punitive damages and $2.4 million in pain and suffering.

The jury said FCCI instituted a criminal proceeding against Debra Peters, later ended in her favor; and that FCCI submitted information to the Florida Department of Insurance in bad faith, according to a press release from the Peters' law firms reported in the South Florida Business Journal.

Custom Wood Creations' lawyer Stephen Hammer said the Peters' high-end furniture and cabinetry manufacturing plant took a direct hit from Hurricane Wilma in October 2005, losing its roof and damaging woodworking production equipment and expensive work-in-progress in its warehouse area.

“FCCI was relentless and they fabricated these charges. They were using the Department of Insurance as a collection agency to strong-arm Debra Peters, who was facing 30 years behind bars,” said attorney Steven J. Hammer. The Peters plan to reopen their business.

 

About the Author

Bill Esler, Woodworking Network, WMS

Bill Esler

Bill Esler, Editorial Director, Woodworking Network Bill is responsible for overall content at WoodworkingNetwork.com Woodworking Network magazine, and related newsletters. Bill also manages event programs for Woodworking Network Live conferences at the Woodworking Machinery & Supplies Expo in Toronto and Cabinets & Closets Expo. He developing audience engagement programs using custom digital printing, live lead-generating events, custom websites, and custom digital and print content. Read Bill Esler's woodworking blogs. He can be reached at besler@woodworkingnetwork.com or follow him on Google+.

Comments (0) Leave a comment 

Name
e-Mail (required)
Location

Comment:

characters left

 

View all events >
FEB
01

Woodex

Teheran
DEC
03

IIDEX Canada

Toronto , ON
Search our database for woodworking equipment, supplies and services:

Select a category:


Feedback Form
Feedback Form