A coalition of businesses advocating for Assignment of Benefits reform released a new video Monday detailing the story of a Florida homeowner who was the victim of a shady contractor. Read more from Florida Politics and view the video here
The showdown in the Florida statehouse last year had all the drama of a knock-down political brawl: Powerful industries clashing. Warnings of death and destruction. And a surprise last-minute vote, delivering a sweeping reform bill to the governor’s desk. Read more from Bloomberg via Insurance Business America by clicking here.
Another year with home insurance rate increases and no real action by the Florida Senate regarding assignment of benefits (AOB) reform. Despite overwhelming evidence of rising water claims and lawsuit-for-profit schemes, the Florida Senate continues to ignore the real insurance problem and refuses to properly fix this ongoing, devastating issue. There is no denying these [...]
Over the objections of some of the largest business associations in the state, the Senate Banking and Insurance Committee on Tuesday approved a bill that would eliminate the state's ability to collect $222.4 million in additional premiums for the Florida Hurricane Catastrophe Fund. Read more from the News Service of Florida here
Insurance agents from across Florida marched together on the state’s capitol Wednesday to deliver a message to Florida lawmakers: It’s time for assignment of benefits (AOB) reform. Read more from Insurance Journal here
Score one for the trial attorneys in their long-running battle with Florida’s property insurers over third-party claims assignments, but this year’s war is far from over. Read more from the Sun-Sentinel here
Florida’s Legislature is in session, and for the sixth straight year reform-minded Republicans are trying to shut down a trial-bar scheme that’s bleeding property insurers and sending Sunshine State premiums skyrocketing. Read more from the Wall Street Journal here
Paramount Disaster Recovery offered its potential clients a deal after Hurricane Matthew: Sign over your insurance claim and we’ll take care of the rest. Read more from the Daytona Beach News-Journal here
Right out of the gate, the Florida House took several major steps toward statewide insurance reform during the first week of the 2018 Legislative Session. Read more from Florida Politics here
Look for state Rep. Sean Shaw, D-Tampa, to announce next week he's running for state attorney general. Shaw has been considering the race for months. According to sources close to Shaw, he plans to make an announcement of his decision in Tallahassee Tuesday, the day after Martin Luther King Day. Read more from the Tampa [...]