Monday, June 18, 2018

Citizens’ CEO: AOB reform could slash insurance rates by 20 percent for a half-million homeowners

By By John Haughey | Watchdog.org - June 18, 2018 at 01:39PM

Unless the state Legislature implements restrictions on assignment of benefits (AOB) agreements between property owners and contractors, Florida’s publicly-owned property insurer could be litigated into imposing “dramatic” rate hikes on nearly a half-million homeowners.Citizens Property Insurance Corporation President and CEO…

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