Tag: AOB

Michael MolineJanuary 10, 2019
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6min681
Through two straight years of political stalemate over assignment of benefits reform, legislative leaders have declared it would take a crisis to deliver a bill to the Governor’s office. Finally, according to state Rep. Cyndi Stevenson, “I think we’re there.” Stevenson, the new chairwoman of the House Insurance & Banking Subcommittee, spoke Thursday following the panel’s […]

Peter SchorschJanuary 8, 2019
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4min396
The Personal Insurance Federation of Florida (PIFF) announced a suite of priorities for the 2019 Legislative Session on Tuesday, with assignment of benefits, or AOB, reform topping the list. “With the holidays over and the inaugural imminent, we’re ready to work with our Governor and Cabinet and the Legislature to tackle important issues affecting Floridians,” […]

Staff ReportsOctober 9, 2018
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3min581
Hurricane Michael’s impending arrival has prompted a warning from the business community for homeowners to be wary before signing any assignment of benefits agreements with repair contractors. Meanwhile, Florida Chief Financial Officer Jimmy Patronis activated his Disaster Fraud Action Strike Team to “get ahead of” and post-storm fraud. He also activated seven out of eight of […]

Staff ReportsSeptember 6, 2018
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3min537
The Restoration Association of Florida on Thursday decried an appellate court ruling allowing insurance companies to require co-insured parties and banks holding mortgages to sign off on assignment of benefits agreements. The association “is deeply disappointed by Wednesday’s decision by the 4th District Court of Appeals, which will further hinder and delay a homeowner’s ability to […]

Guest AuthorJune 4, 2018
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4min300
Hurricane season charged into Florida Friday with one storm already on the books. Subtropical Storm Alberto dampened many Memorial Day festivities but serves as a good reminder that Floridians must be prepared for storms and the damage they may cause. Protecting against storms doesn’t end with stocking up on supplies and shoring up property. It […]

Staff ReportsJune 1, 2018
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3min804
A business group has issued an alert, tied to the start of hurricane season Friday, warning insurance policyholders against jumping into assignment of benefits agreements with any contractors they might call to make storm repairs. And never mind Subtropical Storm Alberto, which arrived unfashionably early over the Memorial Day weekend. Such AOB agreements aren’t necessary […]

Michael MolineMay 31, 2018
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3min805
State Farm is fighting a Hillsborough County judge’s order to turn over details of its claims-handling process to an auto glass repair shop that argues the insurer short-changed it for replacing a policyholder’s damaged windscreen. State Farm claims the information the judge ordered turned over during the spring comprises legally protected trade secrets. Disclosure, it […]


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