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 against the surge of Assignment of Benefits (AOB) lawsuits, which are proliferating to the point…

Effort to Limit Third-Party Property Insurance Claims Stalls in Legislature

By Ron Hurtibise Sun Sentinel Insurance industry-backed bills aimed at restricting repair contractors’ ability to require homeowners to sign over insurance benefits before repairs can commence likely won’t become law this year, supporters and opponents concede. The bills — in the state House and Senate — stemmed from arguments by insurers that water restoration companies…

‘Assignment of Benefits’ a Bonanza for Trial Lawyers and Vendors, Bad for Consumers

By Peter Schorsch – Mar 26, 2015 Bills are gaining momentum in both the House and Senate to rein in a rapidly growing insurance scam in which sketchy trial lawyers and remediation firms are getting stressed-out homeowners to sign over their policy benefits and rights after a burst water pipe or similar home emergency. Assignment…

Home Repair Insurance Claim Fraud Hammering Florida – Representative David Santiago

Imagine this: You wake up to find your kitchen flooded from a broken pipe. You frantically call a water extractor who arrives and says, “Don’t worry. Just sign these forms and we’ll handle everything.” The truth is, you’ve just signed away control of your insurance claim and may have permitted unscrupulous third parties to inflate…

Florida Lien Law Bites Homeowners in NBRC Construction Case

Palm Harbor homeowner Joe Zigler had never heard about Florida’s Construction lien law when someone from a roofing company called NBRC Construction knocked on his door in December 2012. Zigler now says that the law, together with NBRC’s questionable business practices, could cost him ownership of his home in a foreclosure action due to unpaid…

WFTV – Action 9 Investigates How Emergency Contractors Can Hijack Insurance Claims

ORLANDO,Fla. — An Orlando woman claims the restoration company she hired to put her life back together after a flood wrecked her home instead, and she’s been living without a kitchen for a year and a half. A pipe burst when no one was home, flooding Marie Dolce’s kitchen. Overwhelmed, she hired an emergency restoration…