November 7, 2017 Insurance Journal The Florida Chamber of Commerce brought together regulators, lawmakers, insurance industry executives and other stakeholders last week for the chamber’s annual insurance summit. Through several panel discussions on pressing and emerging issues facing the state’s insurance market, the summit touched on everything from recent cases expected to raise workers’…
Contact: Michael Carlson President, Personal Insurance Federation of Florida PH: (850) 597-7425 michael.carlson@piff.net FOR IMMEDIATE RELEASE PIFF URGES HOUSE TO ADOPT SENSIBLE REFORMS TO FLORIDA “BAD FAITH” LAW TALLAHASSEE, Fla. (Nov. 7, 2017) – The Personal Insurance Federation of Florida (PIFF) today urged members of the House Commerce Committee to pass…
TALLAHASSEE, Fla. (Oct. 24, 2017) – Legislative meetings about Assignment of Benefits underscored the need for comprehensive reform to end abusive AOB practices that are driving up the cost of property insurance and threatening the affordability of home ownership for many Floridians, the Consumer Protection Coalition said today. Members of the Senate Banking and…
PortOrangeObserver.com By: Nichole Osinski, Staff Writer Hurricane Irma not only brought destruction, but according to Florida State Senator Dorothy L. Hukill, it is bringing changes. On Friday, Oct. 20, at the Riverside Pavilion, Hukill discussed the aftermath of the hurricane and new bills that will be filed in the upcoming legislative session. According to Hukill, the most recent…
Assignment of benefit contracts blamed for upending insurance market in Florida Wall Street Journal By Nicole Friedman and Leslie Scism Oct. 23, 2017 7:00 a.m. ET Within hours of a fire at Kelly Laub’s four-bedroom house in New Smyrna Beach, Fla., in June, four contracting companies showed up to offer rebuilding services. Each vendor wanted Ms. Laub…
September 13, 2017 By Amy O’Connor, Insurance Journal As Florida residents return home after being evacuated by Hurricane Irma, the pressure is on the insurance industry to keep a bad situation regarding assignment of benefits abuse in the state from getting worse. Florida regulators, carriers, industry trade groups and lawmakers are all echoing…
In the wake of the storm, we wanted to note that Pam Bondi was interviewed on Fox and mentioned the issue of AOB abuse specifically in the context of warning consumers about scams and price gouging. Here is the link to the video; she begins discussing AOB at 3:02 – http://video.foxnews.com/v/5572905204001/?#sp=show-clips.
By Malena Carollo, Times Staff Writer Wednesday, August 23, 2017 5:08am TALLAHASSEE — Three months ago, state regulators weren’t tracking a surge in broken auto glass claims, particularly in Tampa Bay. The issue has their attention now. “There’s a lot more (assignment of benefits)-related litigation in the windshield space than in the property space,”…
Sun Sentinel By Ron Hurtibise August 21, 2017 A new front has opened in the ongoing battle between repair contractors and the insurance industry, and this time ground zero isn’t South Florida. Lawsuits between independent auto glass repair businesses that replace cracked and broken windshields and auto insurers that pay for them have increased dramatically…
TALLAHASSEE, Fla. – Insurance industry groups are backing a Florida state senator’s reintroduction of legislation intended to reduce water damage claims litigation by preventing attorney fee awards in cases involving assignment of benefits to third parties. Senate Bill 62, offered by Republican Sen. Dorothy Hukill, is the same legislation she offered for the 2017…