News & Updates

AOB

Next Legislative Session Just Around the Corner

Next Legislative Session Just Around the Corner

It’s hard to believe September is here. It seems like the 2019 legislative session just concluded.   In reality, though, the 2020 session is just around the corner. The 2020 session will have an early start date—it runs from January 14 through March 13 (assuming it ends on time). The early start date means committee meetings will […]

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Dismissal of AOB Case Leaves Unanswered Questions

Dismissal of AOB Case Leaves Unanswered Questions

The Florida Supreme Court recently decided by a 4-3 vote to dismiss its review of Restoration 1 of Port St. Lucie v. Ark Royal Insurance Company.  Interestingly, the three justices in the minority were Governor DeSantis’ recent appointees. The majority was comprised of four justices who were on the court when it accepted the case. The […]

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AOB Reforms Take Effect

AOB Reforms Take Effect

Many proposals that passed in the 2019 legislative session take effect July 1.  This includes most portions of the Assignment of Benefits (AOB) reform bill passed by the legislature this year.  Although the legislature passed other legislature accelerating the effective date of a new method for dealing with attorneys’ fees, the core portions of the […]

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Governor Signs AOB Reform Bill

Governor Signs AOB Reform Bill

Governor Ron DeSantis has signed HB 7065 reforming the use of assignments in Florida’s property insurance market. He also signed HB 337 relating to Florida’s court system and also accelerating the effective date of HB 7065’s attorney’s fee revisions. Most of the law changes relating to assignments of benefits (AOB) take effect July 1. However, […]

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AOB Reform Ranks Among Top Issues of Session

AOB Reform Ranks Among Top Issues of Session

The 2019 Florida legislative session has come to a close.  After several years of “wait ’til next year” results on the Assignment of Benefits (AOB) issue, this year’s legislature finally passed much-needed reform.  Media outlets around the state are calling this one of the biggest results of the 2019 session. The legislature’s paramount duty, of […]

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Legislature Passes AOB Reform

Legislature Passes AOB Reform

The Florida legislature has passed HB 7065 designed to curb abuses with “assignments of benefits” in Florida’s property insurance market. Among other things, the bill addresses problems with Florida’s one-way attorneys’ fee statute arising when commercial vendors use the statute in suits against insurers. The bill also allows insurers to adopt policy forms restricting assignments […]

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AOB Reform Advances Without Auto Glass Fix

AOB Reform Advances Without Auto Glass Fix

The Florida House of Representatives has passed its version of Assignment of Benefits (AOB) reform. The bill has been a priority of key policymakers, including CFO Jimmy Patronis and Insurance Commissioner David Altmaier. You can learn more here. The bill is aimed at reducing abuses that have plagued the Florida property insurance market when consumers […]

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