Atwater: Florida must tackle insurance ‘assignment of benefits’ problems
CFO Jeff Atwater, assignment of benefits, property insurance, Insurance Regulation News
News & Updates
assignment of benefits
Salary Credit Against Premium Tax Remains Intact
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 […]
Lack of AOB Reform Likely to Put Pressure on Rates and Availability
After only limited committee discussions during the 2017 session, the Florida legislature failed to adopt reforms to this state’s “assignment of benefits” problem. The Florida Office of Insurance Regulation and Citizens Property Insurance Corporation offered substantial testimony before the legislature regarding the nature of the problem, steps the legislature could take to fix the problem, […]
Key Insurance Issues Remain Unresolved as Session Progresses
As the Florida legislature enters the final few weeks of the 2017 regular session, several important insurance issues remain unresolved. One of the most prominent insurance issues in need of a legislative solution is the “assignment of benefits” issue. Insurance Commissioner David Altmaier, Citizens Property Insurance Corporation chief executive officer Barry Gilway, and a number […]
OIR Publishes Information on AOB
The Florida Office of Insurance Regulation has posted information pertaining to the assignment of benefits (AOB) issue on its website at: http://www.floir.com/Sections/PandC/AssignmentofBenefits.aspx The web page includes media coverage of the issue as well as the OIR’s projections of the rate impact on Floridians over the next five years if legislative reforms are not enacted. The […]
Maria Wells: Assignment of Benefits — A growing problem for Florida families
AOB, assignment of benefits, property insurance, Insurance Regulation News
William Large: Florida must end assignment of benefits abuse, self-serving windfalls
AOB Claims, David Altmaier, assignment of benefits, Florida Insurance Commissioner, property insurance, Insurance Regulation News
Insurance issues loom large on Legislature’s agenda
assignment of benefits, Insurance Regulation News, PIP, Florida Legislature
Editorial: Time to bring water damage claims abuse under control
AOB Claims, assignment of benefits, property insurance, Insurance Regulation News, Florida Legislature, Citizens Property Insurance Corporation
Familiar Issues Expected to Surface Early in 2017
As we begin 2017, we can expect some of the high profile issues addressed early in the year to be continuations of issues that gathered significant attention in 2016. One of the hottest topics early in the year is likely to be the state of Florida’s workers’ compensation insurance market. Beginning with reforms made in […]