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First DCA Holds Insurers Cannot Restrict Assignment of Benefits

First DCA Holds Insurers Cannot Restrict Assignment of Benefits

In Security First Insurance Company v. OIR, Case No. 1D14-1864 (Fla. 1st DCA 2015), the 1st DCA denied Security First the right to amend its homeowner’s policy forms to restrict a policyholder’s ability to assign post-loss rights with the company’s consent.  The company’s proposed language was:  “Assignment of this policy or any benefit or post-loss […]

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