Consumer Protection Coalition Applauds Passage of AOB Reform Bill
Today's passage of Assignment of Benefits reform is a victory for
The CPC applauds Sen.
"This is a great day for
"This legislation gives power back to the people to make choices about their insurance claims,'' Snellgrove said. "My wife and I lived to regret signing an AOB and, hopefully, this bill ensures that doesn't happen to anyone else. I am grateful to the Legislature for listening to homeowners and taking action to end AOB abuse.''
The bill, as written, is expected to keep consumers in control of their insurance policies and, over time, reduce insurers' costs for inflated claims and litigation that must be passed along to consumers. Changes to one-way attorney fees should eliminate incentives for filing costly lawsuits. Other provisions add commonsense protections for consumers, including allowing policyholders the right to rescind an AOB without penalties and requiring written estimates for work.
While the CPC celebrates today's victory, it is disappointed auto glass provisions were not included in the bill and encourages lawmakers to address auto glass in future AOB reforms. Thousands of Floridians have unknowingly become the subject of litigation over their windshield replacement claims without their knowledge or consent. This practice must stop.
The CPC thanks
The CPC also thanks the home and auto owners who have shared their stories of AOB abuse and advocated for reform. In anticipation of today's vote, Floridians sent more than 51,000 letters to state senators urging their passage of the bill.
Here's what other members of the
"Our companies are seeing AOB abuse happen every day to their policyholders on both the home and auto side. Addressing AOB abuse on the homeowners side is vital to putting a stop to the number of AOB lawsuits filed in
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"The clock is ticking on all the fraudsters and other members of the AOB cottage industry that have been plaguing
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"This legislation is a long time coming and serves as a wake-up call to the bad actors that these abusive tactics will no longer be tolerated. I am thrilled and relieved the Legislature recognized the need to end these scams and weed out those who are hurting our customers and tarnishing our industry's reputation.''
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"This legislation will help stabilize the runaway AOB litigation and provide policyholders with valuable tools to protect themselves against predatory vendors. It will cause vendors to think twice before they bring a fraudulent lawsuit against an insurance company."
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"It's been seven years of hard work, but today's passage of assignment of benefits reform legislation in
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Representing nearly 60 percent of the


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