Florida News Straight From the Source
As Floridians are approximately 30 days from the start of the 2019 Atlantic Hurricane Season, Chief Financial Officer (CFO) Jimmy Patronis and Florida Insurance Commissioner David Altmaier are reminding consumers to start preparing now, if they haven’t already. [Read more…] about When it Comes to Flooding, Florida’s Risk is Real
Insurance Commissioner David Altmaier issued the following statement following today’s passage of HB 7065, sponsored by Senator Doug Broxson and Representative Bob Rommel, limiting one-way attorney’s fees related to assignment of benefits (AOB) agreements: [Read more…] about After Years of Compounding Abuse, Policyholders Gain Protections
Insurance Commissioner David Altmaier issued the following statement following today’s Senate Rules Committee’s vote on SB 122 limiting one-way attorney’s fees in related to assignment of benefits (AOB) agreements: [Read more…] about Commissioner David Altmaier: It’s Time to Protect Consumers and Start Recovering from Years of Compounding Abuse
Insurance Commissioner David Altmaier issued the following statement following today’s passage of HB 7065 reforming one-way attorney’s fees related to assignment of benefits (AOB) agreements: [Read more…] about Commissioner Altmaier Applauds Passage of HB 7065
Insurance Commissioner David Altmaier issued the following statement following the recent advancement of assignment of benefits (AOB) reform efforts in the House Insurance and Banking Subcommittee and the Senate Judiciary Committee: [Read more…] about Commissioner David Altmaier Applauds Florida’s Leaders for Keeping Consumers at Forefront of AOB Discussions
Insurance Commissioner David Altmaier issued the following statement following the passage of PCB CJS 19-01, regarding assignment of benefits (AOB), by the House Civil Justice Subcommittee:
Commissioner Altmaier said:
“AOB abuse has an adverse impact on our consumers and directly undermines the ability of Floridians to have reliable insurance products available at affordable prices. I will remain a vocal proponent of measures that stem AOB abuse and protects consumers from the abusive tactics exhibited by bad actors who exploit Florida’s unique attorney fee structure.
“Floridians deserve relief and I thank Chair Rommel and members of the House Civil Justice Subcommittee for helping to protect Floridians.”
About the Florida Office of Insurance Regulation
The Florida Office of Insurance Regulation has primary responsibility for regulation, compliance and enforcement of statutes related to the business of insurance and the monitoring of industry markets. For more information about OIR, please visit our website or follow us on Twitter @FLOIR_comm.
In his continued efforts to ensure Floridians understand the impacts of assignment of benefits (AOB) abuse, Commissioner David Altmaier has debunked the top five myths and most common AOB-related misunderstandings. [Read more…] about Florida Insurance Commissioner Debunks Top AOB Myths
Insurance Commissioner David Altmaier issued the following statement following today’s Senate Banking and Insurance Committee’s meeting: [Read more…] about Commissioner David Altmaier: Addressing AOB Crisis Must Remain A Top Priority
Florida Insurance Commissioner David Altmaier today issued the following statement after being elected to serve as Vice President of the National Association of Insurance Commissioners (NAIC). [Read more…] about Florida Insurance Commissioner David Altmaier Elected as Vice President of the National Association of Insurance Commissioners
Florida Insurance Commissioner David Altmaier issued the following statement regarding the Insurance Information Institute’s (I.I.I.) report released yesterday highlighting its perspective on the current state of Florida’s assignment of benefits (AOB) crisis. [Read more…] about Insurance Commissioner David Altmaier: AOB Abuse Continues to Threaten Florida’s Homeowners and Consumers
