INDUSTRY NEWS

Jim Boyd promises to revisit homeowners insurance reform this Session

Lawmakers passed reforms already, but Boyd wants more. Sen. Jim Boyd feels confident insurance reforms passed this year will eventually result in lower homeowner rates in Florida. But he also thinks the work is not done. The Bradenton Republican will file legislation seeking further reforms, including changes to roofing insurance that stalled in negotiations between the two legislative chambers. He would…

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The Capitolist: A consumer coalition is hopeful this is the year state lawmakers address the issue of fraud and litigation in AOB’s

“AOB abuse is increasing at an alarming rate, now creeping into the auto glass realm,” added Michael Carlson, president of the Personal Insurance Federation of Florida. “We cannot allow another year of inaction to fuel Florida’s reputation as the AOB lawsuit capital of the nation. We are thankful to see the progress and engagement from…

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Florida Politics: Insurance group explains AOB in new radio campaign

The Personal Insurance Federation of Florida is launching a 60-second radio ad explaining how assignment of benefits, or AOB, “rewards few at the expense of many.” PIFF and other insurance groups are hoping the Legislature changes the law to significantly curb AOB lawsuits, which stem from policyholders signing over their insurance benefits to attorneys or…

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