Florida AOB lawsuits News

Judge Finds Strems Guilty of Misconduct; Advises 2-Year Suspension, Probation

After finding Florida attorney Scot Strems in violation of numerous rules regulated by The Florida Bar last month, the court-appointed referee overseeing his case has recommended a 24-month suspension followed by one year of probation. In a report issued to …

Florida Attorney Behind Thousands of Insurer Lawsuits Violated 14 Bar Rules: Judge

Embattled Florida attorney Scot Strems, who, with his firm, has filed thousands of assignment of benefit and first party lawsuits against Florida property insurers over the last several years, has been found by a court-appointed referee to have violated more …

Florida High Court Rejects Strems Bid to Dissolve Suspension; Contempt Petition Filed

A Florida attorney accused of causing great public harm through a “vast campaign of unprofessional, unethical, and fraudulent conduct,” by way of thousands of insurer lawsuits has lost his latest battle to overturn his suspension and now faces a petition …

Suspension of Florida Lawyer Accused of Causing ‘Great Public Harm’ Justified: Judge

A Florida judge has recommended the Florida Supreme Court deny the motion to dissolve the suspension of a Florida attorney who, with his firm, has filed thousands of assignment of benefit and first party lawsuits against Florida property insurers over …

Florida’s Citizens Accuses Embattled Law Firm, Others of Sham Lawsuits, Racketeering

Florida’s state-run Citizens Property Insurance Corp. has joined a chorus of insurance companies accusing the Strems Law Firm of lawsuit abuse. Citizens says it has lost millions of dollars due to an alleged scheme of “sham” claims by the law …

Florida Supreme Court Suspends Attorney Behind Thousands of Insurer Lawsuits

The Florida Supreme Court has granted an emergency request by The Florida Bar to immediately suspend an attorney who, with his firm, has filed thousands of assignment of benefit and first party lawsuits against Florida property insurers over the last …

Challenges Facing the Florida Insurance Market: A Reinsurer’s Perspective

Hurricanes Irma and Michael served as a reminder that Florida, more than any other state, is at risk of one of the most intense natural perils, namely hurricanes. The existence of a stable insurance market providing its customers with a …

Florida’s Citizens Revises 2019 Rate Filing; Will Request 2.3% Statewide Rate Increase

Citizens Property Insurance Corporation’s Board of Governors has approved a revised 2019 rate proposal that the company said reflects recent legislative changes that targets the ongoing abuse of assignment of benefit agreements and will reduce unnecessary litigation responsible for driving …

Citizens to Request 8.2% Rate Increase from Florida Regulators

Citizens Property Insurance Corp. will file for a statewide average increase of 8.2 percent for personal lines policyholders โ€“ homeowners, condominium owners and renters. The Florida insurer of last resort’s Board of Governors on Wednesday approved a 2019 rate package …

I.I.I. Study Cites AOB Abuse for Increasing Insurance Costs In Florida

A new study released by the Insurance Information Institute (I.I.I.) finds that Florida’s assignment of benefits (AOB) crisis has cost consumers billions of dollars in unnecessary litigation and inflated claim costs as the abuse continues to spread statewide. “In Florida, …