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...
A.M. Best: Insurer Losses from Hurricane Michael Will Be ‘Significant’ October 12, 2018 Insurers, reinsurers and ILS investors could face significant losses from Hurricane Michael, a major Category 4 storm that began its...
How the Florida Insurance Industry Hopes to Rein In AOB Crisis July 19, 2018 By Amy O'Connor “I think the number one thing the insurance industry can do is link AOB (assignment of benefits) to the impact...
Florida Activates Anti-Fraud Teams in Wake of Tropical Storm Alberto May 30, 2018 The Florida Department of Financial Services’ Disaster Fraud Action Strike Team (DFSAT) have been deployed across the state to protect...
Florida’s Citizens Approves Changes to Managed Repair Program to Stem AOB Abuse April 12, 2018 By Amy O'Connor Citizens Property Insurance Corp. has approved a slate of policy language changes designed to protect consumers while addressing rising costs...
Florida AOB Reform Efforts Fail Again as Parkland Tragedy Derails Legislative Session April 5, 2018 By Patrick Wraight With over 900 items on the Florida legislative docket and only 60 days to consider them, it’s not surprising that...
Attorney, Vendor AOB Lawsuits Top Insurance Litigation in 2017: FJRI Report February 20, 2018 By Amy O'Connor Litigation from the abuse of assignment of benefits by third parties represented more than half of all Florida insurance litigation...
Florida Agents March on State Capitol in Lawmaker Push to Reform AOB January 25, 2018 By Amy O'Connor Insurance agents from across Florida marched together on the state’s capitol Wednesday to deliver a message to Florida lawmakers: It’s...
Report Shows Florida AOB Abuse Worsening as Lawmakers Consider Reforms January 17, 2018 By Amy O'Connor The 2018 Florida Legislative Session is underway, and lawmakers have wasted no time taking up legislation to address the assignment...
Florida on Alert for AOB Abuse as Irma Recovery Begins September 13, 2017 By Amy O'Connor As Florida residents return home after being evacuated by Hurricane Irma, the pressure is on the insurance industry to keep...