Florida Property Insurance Market Inches Closer to Crisis – Part 2 October 30, 2020 By Amy O'Connor The Florida Office of Insurance Regulation is monitoring the state’s property insurance situation that is seen as in a crisis...
What to Expect from Florida’s AOB Reform Law Taking Effect July 1 June 18, 2019 By Amy O'Connor The countdown is on for Florida assignment of benefits (AOB) reform that will take effect July 1, and the insurance...
Florida Governor Signs AOB Reform Bill; Law to Take Effect July 1 May 24, 2019 By Amy O'Connor Long-awaited reforms for Florida’s assignment of benefits (AOB) crisis that the insurance industry and consumer advocates say has led to...
Florida Governor to Sign AOB Reform Bill; Citizens Plans Rate Review April 25, 2019 By Amy O'Connor Florida Governor Ron DeSantis has signaled his support of a property insurance reform bill passed by the Florida Senate Wednesday,...
Update: Florida Legislature Passes Industry-Backed AOB Reform Bill April 24, 2019 By Amy O'Connor After seven years of failed attempts, Florida legislators have passed property insurance reform to address the abuse of a policyholder...
Florida AOB Reform Bill Passes Final Committee, Heads to Full Senate April 18, 2019 By Amy O'Connor A bill the Florida insurance industry says will help reign in assignment of benefits abuse that is plaguing the state...
Assignment of Benefits Reform Moves Forward as Florida House Passes Measure April 12, 2019 By Amy O'Connor and Elizabeth Blosfield Assignment of benefits reform legislation progressed in the Florida legislature yesterday. Lawmakers passed House Bill 7065, one of two key...
Commentary: How Florida AOB Crisis Is Impacting State’s Independent Agents March 19, 2019 By Jeff Grady Florida’s “one-way attorney fee” statute enacted to protect Florida policyholders from large insurance companies has instead spawned a huge industry...
Florida Governor Urges Lawmakers to Address AOB as Reforms Move Forward March 15, 2019 By Amy O'Connor Just over a week into the 2019 legislative session, insurance industry-supported bills aimed at reforming Florida assignment of benefits (AOB)...
Will 7th Time Be the Charm? Industry Makes Big Push for AOB Reform in 2019 February 28, 2019 By Amy O'Connor The push for assignment of benefits (AOB) reform in the 2019 Florida legislative session is in full swing, and the...