Assignment of Benefits—For what it’s worth!

Just FYI: while well worth reading, this blog is more of a lamentation than my usual analysis and opinion.  Take it for what it’s worth.

Recall that in my immediate preceding blog I wrote of a threat I received during the Insurance Consumer Advocates (ICA) water loss forum in Boca Raton.  It happened prior to my presentation, and was an obvious attempt by a trial lawyer at intimidation–specifically, “play nice” or get a “desist letter”.

In that blog I concluded we may all be playing a little too nice. [Read more…]

Assignment of Benefits…”playing too nice?”

Hats off to Florida’s Insurance Consumer Advocate (ICA), Sha’Ron James!

When any public figure conducts a public meeting, especially one dealing with insurance, it’s a tightrope at best, requiring both patience and parliamentary acumen.  Her decision to host a water loss forum in southeast Florida (6/14/16, Boca Raton) not only salutes her skill on the high wire, but… it shows determination to help consumers despite others who appear less inclined. [Read more…]

Assignment of Benefits—Regulate Drying Firms?

I’ve heard it said many times that when it comes to Assignment of Benefits… “Florida cannot regulate its’ way out of the crisis”.  

Regulation, after all, hasn’t stopped bad practices for those who are already regulated.  Roofers are one example.  Plumbers another–they’re regulated but still accept exorbitant kickbacks in the form of referral fees and are thus complicit in, and partially responsible for, the inflation of invoices from those paying the kickbacks. [Read more…]

Assignment of Benefits–Real Reform!

With less than a week to go in the 2016 legislative session AOB reform is, again, dying. There’s a small chance of something limited. Banning referral fees and kickbacks for example. But… most industry lobbyists are prepared to scuttle anything limited only to referral fee’s without reforming attorney fees and AOB. [Read more…]

Assignment of Benefits–Conspiracies & Theories!

Gotta hand it to Citizens! It’s recent study of water losses, Assignment of Benefits (AOB), and the fraud attendant thereto was not only an irrefutable rifle shot at both the extent and root of the problem but, it’s release was impeccably timed. [Read more…]

Kevin McCarty…Right Man, Right Time!

After twelve years working for three governors, Florida’s tenth insurance commissioner has resigned his post effective May 2, 2016. Chief Financial Officer Jeff Atwater, Agriculture Commissioner Adam Putnam and Attorney General Pam Bondi will struggle mightily to fill the void. Governor Scott will offer up a name and if Atwater agrees, the entire Cabinet will vote to replace the irreplaceable Kevin McCarty. [Read more…]

Assignment of Benefits…The Good News!

Let’s start 2016 with some of the good news regarding AOB abuse. While the “parade of horribles” continues to worsen, there have been some hopeful occurrences on the reform front. [Read more…]

Assignment of Benefits…Lots & Lots of Dots!

More and more, it seems, the enumerable and often disparate dots of Assignment of Benefits (AOB) are being connected. Both the commentary and the data calls from Insurance Consumer Advocate Sha’Ron James and Insurance Commissioner Kevin McCarty beg acknowledgement of a major cost driver and a growing willingness to attack it head on. (See NOTE #1 below). [Read more…]

Assignment of Benefits…the predators!

Despite Governor Scott’s inaugural pledge that “…we WILL NOT ALLOW a small group of predatory lawyers to stalk the business community in search of deep pockets…”, it appears that’s exactly what’s happening. (See NOTE #1 below) [Read more…]

AOB… the “Tipping Point” is here!

Before I let you in on an important development in the fight against Assignment of Benefits (AOB), let’s set the stage by reviewing how we got to this point.

What is this point? I call it the “Tipping Point”. The point where someone on the other side admits that our side is right. [Read more…]