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TALLAHASSEE — With a legislative battle brewing again about the issue, an appeals court has ruled against a property insurer’s effort to place restrictions on a controversial practice k… ...
Florida Statute 627.7152 and 627.7152 now requires an assignment of benefits contract to provide that it may be cancelled by the assignor within 14 days of execution; ...
In assignment of benefits, homeowners sign over their insurance claims to contractors, who then seek payment from insurance companies — often spurring lawsuits about claims and payments.
For years, ABC Action News has been uncovering the high cost of car and homeowners’ insurance – blamed on a little known abuse of the system. But the I-Team found a new law may lead to lower ...
Assignment of benefits is a decades-old practice that has become controversial in recent years, at least in part because of an increase in residential water-damage claims.
Florida Legislature Passes Sweeping Assignment of Benefits Legislation. by: Andrew Daechsel, Beth A. Vecchioli of Carlton Fields - Insights. Monday, April 29, 2019. Related Practices & Jurisdictions.
While assignment of benefits is nothing new, it has become high-profile in recent years because of increased claims for water damage to homes, particularly in South Florida.
With a legislative battle brewing again about the issue, an appeals court has ruled against a property insurer's effort to place restrictions on a controversial practice known as “assignment of ...
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