William Rabb | Insurance Journal A group of contractors wasted little time in challenging the constitutionality of a law approved at the Florida Legislature’s special session last week, one the restoration companies argue singles them out and deprives them of attorney fees in assignment-of-benefits claims. “The inability to recover prevailing party attorneys’ fees will effectively… Continue reading Florida Contractor Group Already Files Suit Challenging New AOB Fee Restrictions
Tag: Assignment of Benefits
Insurer Not Responsible for Insured’s Assignment of Policy Benefits
Tred R. Eyerly | Insurance Law Hawaii The Florida Court of Appeals affirmed the lower court’s granting summary judgment to the insurer after failing to abide by an assignment to which it was not a party. Expert Inspections, LLC v. United Property & Cas. Ins. Co., 2022 Fla. App. LEXIS 88 (Fla. Ct. App.… Continue reading Insurer Not Responsible for Insured’s Assignment of Policy Benefits
General Contractor Overhead And Profit And AOB Insurance Scams
Gary Wickert | Claims Journal A storm is rising, and it is not the type which causes damage to homes and vehicles. It causes damage of a much more insidious nature. Following a storm or other natural disaster, canvassers hired by the “hail cartel”—lawyers or opportunistic general contractors—can be found blanketing a neighborhood and knocking… Continue reading General Contractor Overhead And Profit And AOB Insurance Scams
Insured Lacked Standing to Sue After Sale of Property
Jason Cleri | Property Insurance Coverage Law Blog | June 13, 2019 Assignment of Benefits (AOB) is certainly a hot button issue in the insurance industry. AOB occurs when an insured assigns its rights to insurance proceeds to a third-party that is not technically an insured under the insurance policy. This usually comes in the… Continue reading Insured Lacked Standing to Sue After Sale of Property
Florida’s AOB Reform Bill Became Effective July 1, 2019: How Does This Affect Me?
Beaujeaux de Lapouyade | Property Insurance Coverage Law Blog | July 8, 2019 My primary role as an attorney at Merlin Law Group is to represent the best interests of policyholders and get all benefits owed following a loss. But, I call it like I see it when approached with debatable inquiries from contractors and… Continue reading Florida’s AOB Reform Bill Became Effective July 1, 2019: How Does This Affect Me?