Florida Legislature Passes House Bill 7065

Florida Legislature Passes House Bill 7065! “The question remains whether this will help or hurt the insured?” TALLAHASSEE, Florida. (April 24, 2019) –  The Florida Legislature, as the state Senate today passed House-passed reforms to restrict assignment-of-benefits litigation. With the Senate’s passage, the bill, H.B. 7065, now moves to Governor Ron DeSantis. Under an assignment of benefits,…


Different Types of Contracts and Clauses. AOB

Assignment of Benefits (AOB) is an agreement that, once signed, transfers the insurance claims rights or benefits of the policy to a third party. An AOB gives the third party authority to file a claim, make repair decisions and collect insurance payments without the involvement of the homeowner. AOBs are commonly used in homeowners insurance claims…