Florida Senator Alleges ‘Smear Campaign’ After Industry-Backed AOB Bill Stalls April 5, 2017 By Amy O'Connor A bill backed by the insurance industry to curb the abuse of Florida’s one-way attorney fee statute in assignment of...
Citizens Seeks Florida Agents’ Help Fighting Water Claims Abuse March 30, 2017 By Amy O'Connor As the Florida property market fights what has so far been a losing battle against attorneys and unlicensed contractor firms...
Citizens Posts Net Loss of $27M for 2016; Says Water Losses, AOB Abuse to Blame March 29, 2017 Citizens Property Insurance Corp. will post a net loss for 2016, its first loss in more than a decade, as...
First Florida Bill Addressing AOB Introduced for 2017 Session February 28, 2017 By Amy O'Connor Florida now has legislation backed by the top Florida insurance regulator and the industry that promises to curtail homeowners insurance...
Heat Is on Florida Lawmakers to Fix Assignment of Benefits Crisis February 15, 2017 By Amy O'Connor Florida’s insurance industry will apply significant pressure on lawmakers to pass assignments of benefit (AOB) reform in the upcoming legislative...
Florida’s AOB Abuse by the Numbers: ‘Alarming Trend’ Reaches Crisis Point February 9, 2017 By Amy O'Connor Assignment of benefits abuse has escalated over the last five years to the point where it is now a serious...
Top Florida Stories of 2016: The AOB ‘Insurance Crisis’ December 13, 2016 By Amy O'Connor Assignment of benefits abuse has become such a well-known problem in the state of Florida this year that it now...
Florida’s Citizens to Lawmakers: AOB Reform Must be Passed in 2017 December 8, 2016 Florida lawmakers can expect substantial pressure to tackle the assignment of benefits (AOB) and water loss claims crisis from the...
Florida Regulators Approve Rate Increase for Citizens Policyholders September 19, 2016 By Amy O'Connor The Florida Office of Insurance Regulation approved a 6.4 percent overall rate increase for 2017 for Citizens Property Insurance Corp....
Citizens Implements $1.8M Estimate Review Program for Florida Water Loss Claims July 26, 2016 By Amy O'Connor Florida’s insurer of last resort, Citizens, has expanded its efforts to curb increasing water loss claims with a new Water...