Pssst… abuse of Assignment of Benefits is about insurance rates!
Sure, hundreds of lives are upset by scammers twisting the original intent of AOB. And yes, this generates exponential increases in litigation. And sure, if you insist…it’s because some roofers, public adjusters, water firms, plumbers and attorneys are simply greedy, but…
…AOB is mostly about the gargantuan premiums we will all be paying if trial lawyers in the legislature continue to roadblock reforms. (See The Politics of AOB) [Read more…] about Assignment of Benefits—It’s About Rates!