A life insurance policy may be used as collateral to secure a loan. If you die before the loan is repaid, the lender will be repaid from the policy’s death benefit proceeds before beneficiaries can ...

An assignment of benefits, or AOB, is an agreement signed by a policyholder that gives a third party the right to recover for services rendered in connection with an insurance claim. While AOBs are ...

Citizens pushed back, asking the court to dismiss the case entirely. The insurer's argument hinged on section 627.7152 of Florida law, which spells out requirements for assignment agreements.

After trying and failing for seven years, the Florida Legislature this year passed sweeping legislation to reform the insurance industry practice known as assignment of benefits, or AOB. The ...

Less than a week after Florida lawmakers rushed to make property-insurance changes, a contractors group Tuesday filed a constitutional challenge that targets a new restriction on attorney fees in ...

Federal regulations impact self-funded employer-sponsored health plans and how employers are required to act in a fiduciary capacity. Miami Herald (FL) Less than a week after Florida lawmakers rushed ...