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The Florida Office of Insurance Regulation has approved new rates for Citizens Property Insurance Corp. customers that will increase average rates for…
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Florida’s insurance industry has tried for years to reign in a practice known as assignment of benefits—where a property owner signs over payment of a...
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The Assignment of Benefits issue that has been plaguing the property insurance industry for a few years may finally be changed. During Wednesdays...
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Amid continuing political and legal battles about the insurance practice known as “assignment of benefits,” the Florida Supreme Court has agreed to take...
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Florida senators are again tackling assignment of benefits. The insurance provision has been a thorn in lawmakers’ sides for nearly five years.
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Florida Chief Financial Officer Jimmy Patronis is urging business leaders to turn up the political heat for insurance reform.
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Florida’s insurance officials are considering moves to rein in assignments after the Legislature again failed to take action. The procedure allows...