4 Things Attys Need To Know About Fla.'s 'AOB' Reform Bill
Law360 (April 25, 2019, 10:40 PM EDT) -- Florida Gov. Ron DeSantis gave the insurance industry cause for celebration Wednesday when he said he would sign legislation aimed at curbing what carriers call an epidemic of abusive litigation by repair contractors seeking payment under property policies. Here, Law360 breaks down four key provisions of the so-called Assignment of Benefits reform bill.
Fee Shifting Switch
The bill passed by the Florida Legislature is expected to have a significant impact on long-standing insurance practices in the Sunshine State, where homeowners often assign their insurance benefits to contractors working on hurricane-damaged houses. Once signed by the governor, it will take effect July...
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