The Real Deal Miami

Storm long over, insurance maladies linger on

July 17, 2009 11:26AM

Hurricane Wilma destroyed the balconies and hallways of the El Dorado condominium in 2005, and residents of the Aventura building are still waiting for a resolution to their problems. They borrowed $15 million to get the damage fixed, and have sued QBE Insurance for reimbursement. They’re among the 72 plaintiffs that have sued ABR, the biggest private insurer of condo associations in the state. Buckley Towers in North Miami Beach needs the money for repair before two of its buildings get condemned by Miami-Dade County.