Security First Insurance Co. vs. Florida Office of Insurance Regulation (OIR) News

Florida Supreme Court Dismisses Long-Awaited Case on AOB Policy Language

The Florida Supreme Court has reversed course and decided not to hear a controversial case regarding the validity of certain language around assignment of benefit agreements, instead ruling that a law passed by the Florida Legislature this session, and which …

Industry Awaits Florida Supreme Court Decision on Post-Loss AOB Policy Language

As Florida lawmakers weigh reform for the state’s assignment of benefits crisis, the insurance industry and regulators are closely monitoring a case addressing post-loss policy language that is currently before the state’s high court. Initial briefs are being filed in …

Florida Appeals Court, Regulator Reject Policy Language Aimed at Curbing AOB Abuse

A Florida appeals court has sided with the state’s insurance regulator in rejecting policy language filed by a Florida homeowners insurer to restrict the use of assignment of benefits. The decision could have a significant impact on the Florida insurance …