X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Blue ballpoint pen and a home insurance claim form on a clip board. A blank / empty form is waiting to be filled and signed by a policyholder / insured person. When the loss occurred, the policyholder had the right to sign away his or her rights to recover benefits under her policy and to also recover one-way attorneys fees. After the assignment of benefits statute was amended, the homeowner no longer had the right to assign away attorneys fees. (Photo: ssguy/Shutterstock.com)

Florida’s state-backed insurer Citizens Property Insurance Corp. recently secured a win at the Fourth District Court when it upheld a Palm Beach Circuit ruling against a third-party contractor who sought insurance benefits after conducting repairs for a homeowner.

It’s a case that involves assignment of benefits, which transfers the insurance claims rights or benefits of an insurance policy to a third party. The issue here was that the lawsuit was filed in 2020, after Florida’s assignment of benefits statute was changed in 2019 to make it harder for third parties to secure attorney fees in an effort to curb alleged fraud.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

 

African Legal Awards (AFLA) 2022Event

The African Legal Awards recognise exceptional achievement within Africa s legal community during a period of rapid change.

Get More Information
 

The British Legal Awards (BLA) 2022Event

Celebrating achievement, excellence, and innovation in the legal profession in the UK.

Get More Information
 

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2022 ALM Global, LLC. All Rights Reserved.