As we have reported, an assignment of benefits (AOB) is a legal tool that allows a third party, like a contractor, to be paid for services performed, like repairs following an insured loss, for an insured property owner who...more
An assignment of benefits (AOB) is a legal tool that allows a third party to be paid for services performed for an insured property owner who would normally be reimbursed by the insurance company directly after making a...more
As the waters recede from Hurricane Irma, there are many issues for property insurers to consider as they adjust claims in Florida, including unique issues raised by assignment of benefits, Florida law on concurrent...more
9/26/2017
/ Assignment of Benefits (AOB) ,
Farms ,
Fire Damage ,
Flood Insurance ,
Florida ,
Hurricane Irma ,
Insurance Claims ,
Insurance Industry ,
Natural Disasters ,
Policy Terms ,
policy-term ,
Property Damage ,
Property Insurance ,
Real Estate Market ,
Severe Weather ,
Wind Damage
As the waters recede from Hurricane Irma, property insurers have many issues to consider as they adjust claims in Florida. This alert discusses a few of those issues.
Claims Reporting -
The Florida Office of Insurance...more
9/26/2017
/ Assignment of Benefits (AOB) ,
Farms ,
Fire Damage ,
Flood Insurance ,
Florida ,
Hurricane Irma ,
Insurance Claims ,
Insurance Industry ,
Natural Disasters ,
Policy Terms ,
Property Damage ,
Property Insurance ,
Real Estate Market ,
Severe Weather ,
Wind Damage