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The 5th District Court of Appeal dealt another setback to insurers dealing with the “assignment of benefits” issue that continues to lead to rising insurance rates and restricted capacity in some areas of the state. The latest in a string of adverse judicial decisions came last week in Restoration 1 CFL, LLC v. ASI Preferred […]
Citizens Property Insurance Corporation, Office of Insurance Regulation, Travis Miller, Radey, Florida Senate, attorneys fees, Florida House of Representatives, radeylaw, water damage, assignment of benefits, AOB, water damage claims
Florida Legislature, Insurance Regulation News, Florida Office of Insurance Regulation, assignment of benefits, AOB
Just two weeks into the 2018 legislative session, the Florida House of Representatives and Senate continue to take distinct approaches to the “assignment of benefits” concerns affecting Floridians through increased insurance premiums. The House passed a bill containing reforms directed at the root of the problem– the one-way attorneys’ fee statute against insurers, which has […]
Florida Legislature, Insurance Regulation News, assignment of benefits, David Altmaier, AOB, Florida OIR
The holidays are only recently behind us as this year’s legislative session gets underway. Insurance-related issues might not be as prominent from a statewide perspective as in some prior years— some pre-session lists didn’t include insurance topics among the top five or ten issues to be addressed. Nonetheless, for members of the industry, the session […]
Florida Legislature, Insurance Regulation News, property insurance, assignment of benefits
Office of Insurance Regulation, Insurance Regulation News, property insurance, assignment of benefits, AOB Claims, Hurricane Irma
Insurance Regulation News, property insurance, assignment of benefits, CFO Jeff Atwater
The 2017 legislative session might be best remembered for key initiatives that did not pass– the legislature did not address the “assignment of benefits” issue and the increases to workers’ compensation insurance rates following recent Florida Supreme Court opinions. The legislature also did not act with respect to Florida’s premium tax credit for salaries paid to […]
