NAMIC Issues Statement on Florida Assignment of Benefits Legislation
"SB 1168 will have little, if any, positive effect on assignment of benefits abuse in
"While NAMIC members are not against the use of AOBs per se, we are against allowing anyone other than the policyholder to avail themselves of one-way attorney fees, which were intended only for use by policyholders, not third-party vendors.
"Who pays for this abuse? Floridians do. And, it's not just insurers who are calling for a change. Consumer groups, homeowners, and the media including the
"It seems, however, that this collective cry for change - even from some members of the Legislature - has been unceremoniously dismissed."
AICPA ENGAGE Offers Insight Into Tax Reform, Technology and CPA Practice Management
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News