On January 12, 2018, the Florida House of Representatives passed a bill (HB 7015) that would dramatically affect the way contractors and their lawyers use assignments of benefits (“AOBs”) in first-party property insurance...more
1/17/2018
/ Assignment of Benefits (AOB) ,
Construction Industry ,
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Florida ,
Insurance Claims ,
Insurance Industry ,
Legislative Agendas ,
Property Damage ,
Property Insurance ,
Proposed Legislation ,
Real Estate Market
Hurricanes Irma and Harvey have damaged large areas of Florida, Texas, and Louisiana, as well as brought heavy rain and wind to Georgia, North Carolina, and South Carolina. As insurers handle thousands of property damage...more