Tuesday, May 8th 2018 by Deirnesa Jefferson Gainesville, Fla. — A local roofing company is accused of being paid thousands of dollars for work, but leaving home owners with unfinished roofs. “Every time I got well they’re backed up, they’re waiting on such on such… There was always some kind of excuse.” When Rachel Tate…Details
Assignment of Benefits (AOB) abuse is a fast-growing fraud scheme that is hurting Florida’s insurance consumers. While AOB is a long-established legal tool intended to allow vendors to receive prompt payment from insurers after doing emergency repair work in a home – without having to directly involve the homeowner – this process is being abused by a cottage industry of unscrupulous trial lawyers, water remediation firms and roofers. These bad actors are persuading homeowners to sign over the benefits of their insurance policies as a means for fraudulently inflating claims, filing thousands of lawsuits against insurers, and driving up attorney’s fees.