Firm asks justices to overturn insurance ruling
assignment of benefits, property insurance, Insurance Regulation News, Florida Supreme Court
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assignment of benefits, property insurance, Insurance Regulation News, Florida Supreme Court
AOB, David Altmaier, assignment of benefits, Insurance Regulation News, Florida Legislature, Office of Insurance Regulation
AOB Claims, Senate Banking and Insurance Committee, assignment of benefits, Insurance Regulation News, Florida Legislature, Citizens Property Insurance Corporation
Florida Legislature, auto insurance, assignment of benefits, uninsured motorist coverage, Insurance Regulation News, PIP
AOB, David Altmaier, assignment of benefits, Florida Insurance Commissioner, property insurance, Insurance Regulation News, Florida Legislature
Radey wishes all of our friends a happy and prosperous new year. As 2019 begins, Florida’s capital city will be embarking on a new era. Governor-elect Ron DeSantis will take office next week, succeeding Rick Scott who was Governor for eight years. Chief Financial Officer Jimmy Patronis returns, having been elected to the Cabinet office to […]
Florida’s 4th District Court of Appeal in Restoration 1 of Port St. Lucie v. Ark Royal Insurance Company determined that an insurer may require approval of all insureds and the mortgagee before an assignment of benefits is valid. This ruling differs from a conclusion reached by the 5th DCA last year after the Office of […]
AOB Claims, assignment of benefits, Florida Office of Insurance Regulation, property insurance, Insurance Regulation News
assignment of benefits, hurricane season, Florida Legislature, property insurance
Florida’s Second District Court of Appeal has upheld the ability of a policyholder to make multiple assignments under a homeowners insurance policy. Nicon Construction v. Homeowners Choice Property and Casualty Insurance Company involved a policyholder’s issuing assignments of benefits to two separate vendors. The insurer argued that upon the policyholder’s assigning the policy rights to […]