AOB vendor defender files for bankruptcy xx
Florida property insurance rate filings show a downward trend for the first time in years, despite another insurance company seeking a rate increase; Citizens Property Insurance pursues a record reinsurance purchase for hurricane …
Vendor Richie Kidwell center stage
Another big filer of lawsuits against Florida insurance companies has lost a court case that is being called significant in its expected impact on Assignment of Benefits (AOB) cases; it’s the same plaintiff that has …
AOBs rising
The Restoration Association of Florida loses the second of its three lawsuits in state court that tried to overturn the legislature’s past insurance consumer protections, one company reports Assignment of Benefits (AOB) lawsuits are up 100%, and veteran …
The AOB game continues
Just a few days before Hurricane Ian struck, the sixth Florida homeowners insurance company this year was declared insolvent by regulators. Meanwhile Richie Kidwell and his Air Quality Assessors lose another AOB case in court, while …
Plus, proving misrepresentation
The Restoration Association of Florida is appealing the dismissal of one of its three lawsuits in state court over the Florida Legislature’s 2022 property insurance reform law. Meanwhile, a Florida appeals court decision raises new questions about …
Plus, upcoming contractor fraud event
A group of roofing and other contractors is continuing their fight against property insurance consumer reforms needed to help stabilize the Florida market. There are new developments to report in the Restoration Association of Florida …
Countering excessive litigation
The list of property insurance companies trying to reduce their exposure in writing Florida homeowners policies continues to grow. Other carriers are looking for ways to reduce their litigation claim costs as regulators try to better quantify …
Instructive for defense counsel
LMA had the privilege of hosting Jake Huxtable, a partner at Kelley Kronenberg’s West Palm Beach office, who was the successful litigator in a recent appellate decision involving Assignment of Benefits (AOB) contracts under the Florida …
Plus, new roof financing
The Restoration Association of Florida (RAF) is continuing to fight property insurance consumer reforms, filing two lawsuits in state court taking aim at the latest reforms passed by the Florida Legislature in its recent special session. …
Policy language questioned
Just prior to this special session week, the Restoration Association of Florida (RAF) filed a lawsuit against Insurance Commissioner David Altmaier and two insurance companies over policy form changes that it says unjustly deny homeowners the right …