Assignment of Benefits Lawsuits: Miami-Dade frequency has grown 2600% in the last decade!
View data demonstrating the shocking rise of AOB lawsuits in South Florida….Escalation of Assignment of Benefits Lawsuits
Assignment of Benefits Reform – Watch this Revealing Video
Florida homeowners are paying more in insurance premiums because of a scheme that abuses the “assignment of benefits” (AOB) law. In recent years, dishonest trial lawyers and contractors — generally water remediation firms, roofing contractors and plumbers — have come up with a new scheme involving AOBs and bilking the system. HB 669 and SB…
Assignment of Benefits Reform – 2015 Legislative Proposals: Protecting Consumers
PROTECTING CONSUMERS AGAINST INSURANCE SCAMS Overview Assignment of Benefits (AOB) is a legal tool intended to ensure the prompt payment of vendors (such as contractor repairing home damage) who provide services to policyholders without requiring a policyholder to be involved in the payment process. However, in recent years, unscrupulous trial lawyers and contractors (often water…
Assignment of Benefits Insurance Reform – 2015 Legislative Proposals: Q&A
What is insurance assignment of benefits (AOB)? Assignment of benefits is a legal tool meant to ensure vendors receive prompt payments for their services in repairing damage to property without the homeowner having to pay money up front. At the time of service, a customer fills out an AOB form provided by the vendor, taking…
Assignment of Benefits Insurance Reform – 2015 Legislative Proposals: Fact Sheet
The issue: Assignment of benefits is a legal tool that allows a policyholder to direct their insurance company to pay a vendor directly for work performed to repair damage to a home or other property. However, in recent years, unscrupulous trial lawyers and vendors have used AOB to inflate claims and file costly lawsuits against…
‘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…
PIFF PRIORITY: Insurance Bill Could Thwart the Next Big Consumer Scam
Rep. John Tobia says all he wants his bill to do is protect consumers like his 67-year-old dad from unscrupulous vendors and lawyers. But CS/HB 669 — alive and well after a 90-minute, standing-room-only hearing in the House Insurance and Banking Subcommittee — is revealing what many believe is the follow-up to PIP and sinkholes…
More Charges Filed Against Tampa Roofers Already Facing Trial for Organized Fraud
Seven years after they began raking in millions in storm repair insurance proceeds, luck is running out for Carlton Dewayne Dunko and Frank Martin Pureber. No more lavish lifestyles for them – just the prospect of spending time in prison for their sketchy business practices. Missouri issued arrest warrants this week related to a roofing…
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…