March 27, 2017 Drew Wilson, Florida Politics The Consumer Protection Coalition launched a radio and television ad campaign Monday to warn homeowners of how Assignment of Benefits abuse could cause insurance rates to skyrocket in Florida. Assignment of Benefits, or AOB, is a system where homeowners can sign over their insurance policy to a contractor…
March 27, 2017 Michael Moline, Florida Politics A House committee voted overwhelmingly Monday to do away with personal injury protection, or PIP, insurance in Florida. The vote in the Insurance & Banking Subcommittee was 12-2, with Jay Fant and Blaise Ingoglia the holdouts. PCS/HB 1063 passed despite concerns by insurers that they need stronger protections against bad-faith lawsuits by people…
Published by the Orlando Sentinel March 27, 2017 An effort to ditch Florida’s no-fault auto insurance system is again on the move in the Legislature as reforms championed in 2012 by Gov. Rick Scott and state Chief Financial Officer Jeff Atwater haven’t held. The legislation is projected to save motorists an average of about $80 a year per…