The Florida Legislature passed Senate Bill 2-A (“SB2A” or the “Act”), which was signed into law on December 16, 2022. The Act has the potential to significantly reduce litigation of first party property cases in the state of...more
12/16/2022
/ Appraisal ,
Assignment of Benefits (AOB) ,
Attorney's Fees ,
Bad Faith ,
Deadlines ,
Florida ,
Insurance Claims ,
Insurance Reform ,
Investigations ,
Mandatory Arbitration ,
New Legislation ,
Proof of Loss ,
Property Insurance
The Florida Legislature passed House Bill 7065 (“HB 7065” or the “Act”), which takes effect today, July 1, 2019, as Section 627.7152, Florida Statutes. The Act regulates post-loss assignment of benefits (“AOB”) contracts...more
7/1/2019
/ Assignees ,
Assignment of Benefits (AOB) ,
Attorney's Fees ,
Burden-Shifting ,
Fee-Shifting ,
Florida ,
Insurance Claims ,
Insurance Regulations ,
New Legislation ,
Property Insurance ,
State and Local Government