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Full Policy Limits Paid to Homeowners After Hurricane DamageInternationally acclaimed artist Robert Rauschenberg's private residence took a direct hit on August 13, 2004 when Hurricane Charley came ashore on Captiva Island. The first insurance adjuster made a recommendation of payment of $66,271. The insured retained Charles R. Tutwiler and Associates, Inc. and the result was full policy limits being paid with no depreciation applied and the deductible of $29,000 absorbed. |
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