Citizens Board Approves Recommendations to Stem Water Losses
03.16.16_Citizens Board approves recommendations to stem water losses
Personal Insurance Federation of Florida Decries Demise of Legislation to Curb Assignment of Benefits (AOB) Abuse
Personal Insurance Federation of Florida Decries Demise of Legislation to Curb Assignment of Benefits (AOB) Abuse
Failure to Enact Meaningful AOB Reforms Hurts Florida’s Consumers, Coalition Says
Florida’s property insurance policyholders face paying higher rates due to the Legislature’s failure this legislative session to pass meaningful reforms to rein in fraud and abuse involving Assignment of Benefits (AOB). For the fourth straight year, legislators heard testimony about a rapidly growing scam in which shady home repair vendors pressure homeowners to sign away…
Protecting Floridians’ American Dream
BY CARLOS LOPEZ-CANTERA Florida has taken some tough hits when it comes to major storms and bad weather in the past. Thankfully, it has been over 10 years since a major storm has hit the state. However, it is concerning that Florida homeowners are facing the highest home insurance rates in the country and still…
Senators Delve Into Insurance Controversy
BY JIM TURNER The News Service of Florida Published: February 24, 2016 TALLAHASSEE — A new effort is underway in the Florida Senate to further regulate a controversial practice that property insurers say is leading to rate increases. The Senate General Government Appropriations Subcommittee on Wednesday unanimously approved a proposal (SB 1248) dealing with the…
Lieutenant Governor Pressures Lawmakers on Insurance-Industry Priority
TALLAHASSEE — With time starting to run out on an insurance-industry priority, Lt. Gov. Carlos Lopez-Cantera is urging House and Senate leaders to take action on a controversial practice known as “assignment of benefits.” In a memo Thursday to House Speaker Steve Crisafulli and Senate President Andy Gardiner, Lopez-Cantera said assignment-of-benefits “abuse” has led to…
Lt. Governor Urges Lawmakers to Prioritize AOB Insurance Reform
2.18.2016 Lt. Governor Lopez Cantera Letter
Assignment of Benefits Bill Postponed; Insurers Group Urges Action
The Senate Judiciary Committee on Tuesday postponed a vote on a measure that would regulate homeowners’ ability to sign over their right to collect insurance benefits to third parties. Logan McFaddin, state government relations manager for the Property Casualty Insurers Association of America (PCI), issued this statement: “Assignment of Benefits (AOB) abuse is a critical…
Hidden Camera Investigation Reveals the High Cost of ‘Free’ Roof Offers
ORLANDO,Fla. — Action 9 exposed some bogus offers to replace home roofs for free. In a hidden camera investigation, Action 9’s Todd Ulrich found out how the offers drive up the cost of insurance. The fliers left on front doors may claim a roof is damaged, and can be replaced for free. Several homeowners contacted…
AOB Fraud and Abuse: Suspicious Activity is a Pocketbook Problem for Florida Families
The most recent edition of the Florida Chamber of Commerce’s exclusive member newsletter Chamber Insider highlights efforts to help consumers fight fraud and abuse associated with Assignment of Benefits (AOB). While AOB is a legal tool that can be used appropriately, it also provides an opportunity for shady repair companies to partner with trial attorneys…