assignment of benefits

The Florida Office of Insurance Regulation has approved new rates for Citizens Property Insurance Corp. customers that will increase average rates for…

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...

The Assignment of Benefits issue that has been plaguing the property insurance industry for a few years may finally be changed. During Wednesdays...

Amid continuing political and legal battles about the insurance practice known as “assignment of benefits,” the Florida Supreme Court has agreed to take...

Florida senators are again tackling assignment of benefits. The insurance provision has been a thorn in lawmakers’ sides for nearly five years.

Florida Chief Financial Officer Jimmy Patronis is urging business leaders to turn up the political heat for insurance reform.

Florida’s insurance officials are considering moves to rein in assignments after the Legislature again failed to take action. The procedure allows...