assignment of benefits News

Florida Governor to Sign Assignment of Benefits Reform Law

Florida Governor Ron DeSantis has signaled he will sign the recently-passed property insurance reform legislation that the insurance industry and consumer advocates say will stem abuse of a policy feature known as assignment of benefits (AOB). The Senate joined the …

Insurers and Others Urge Supreme Court to Limit Assignment of Benefits

The main battle may be at the Florida state capitol as lawmakers consider reforming the state’s assignment of benefits law, but insurers, trial lawyers and contractors staked out their positions this week in a separate skirmish at the state Supreme …

Home Insurers in Florida to Try, Try Again for Assignment of Benefits Reform

The push for assignment of benefits (AOB) reform in the 2019 Florida legislative session is in full swing, and the insurance industry and consumer advocates have pulled out all the stops to emphasize their contention that abuse of a policyholder …

Fraud, Lawsuit Abuse Earns Florida Top Spot on ‘Judicial Hellhole’ List

Florida’s number one Judicial Hellhole ranking for 2017 from the American Tort Reform Foundation (ATRF) is unlikely to be an achievement the state will celebrate any time soon. Quite the opposite, according to business groups like the Florida Chamber of …

Nebraska Contractors Sue Insurers Over Unpaid Storm Damage

Two Omaha, Neb., contractors are expanding a legal strategy they say forces insurance companies to pay for storm damage, but industry officials say the practice leads to exaggerated claims and may drive away insurers. Home repair contractors Steve Shannon and …

Homeowners Lose as Florida Legislature Allows AOB Lawsuit-For-Profit Scheme to Fester

With the 2016 Legislative Session completed, the Florida legislature has failed to pass a meaningful solution to the assignment of benefits (AOB) crisis that is now rapidly spinning out of control. Organized and carried out by a handful of vendors …