Florida AOB lawsuits 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 …

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 …

Contractor Charged in $140,000 AOB Fraud Scheme Across 8 Florida Counties

Timothy Matthew Cox, owner of Nationwide Catastrophe Services, Inc. and Restoration Response Services, Inc., was arrested for an alleged Assignment of Benefits (AOB) fraud scheme that impacted 19 homeowners in eight Florida counties and one Texas county, according to an …

Florida Watches for AOB Abuse as Irma Recovery Begins

As Florida residents return home after being evacuated by Hurricane Irma, the pressure is on the insurance industry to keep a bad situation regarding assignment of benefits abuse in the state from getting worse. Florida regulators, carriers, industry trade groups …

Florida Homeowner Insurers Deluged by Assignment of Benefit Lawsuits

Although hurricane season has yet to cause havoc this year, 2015 has already been a brutal year for insurance companies which provide homeowners’ coverage in Florida. The problem for property insurers? No one is willing to take a firm position …