Lawmakers set to take another stab at fixing insurance claims abuses
Groundhog Day isn't until Feb. 2, but two legislative meetings scheduled next week in Tallahassee will likely have a "been-there, done-that" feel to many of the participants.
Banking and insurance panels from the state Senate and House will kick off this year's efforts to solve the "assignment of benefits" problem that home insurers say will trigger annual insurance rate hikes for South Florida homeowners indefinitely if not resolved.
Officials from state-run Citizens Property Insurance Corp. and the Florida Office of Insurance Regulation plan to address the Senate Banking and Insurance Committee on the issue Tuesday at 10 a.m. at the Senate Office Building. The next day, the House Insurance & Banking Subcommittee plans a discussion on Wednesday at 3:30 p.m. at the House Office Building.
This year will likely be the fifth straight year lawmakers will file at least one bill that would attach strings to contractors' ability to "stand in the shoes" of policyholders when seeking payment for repairs.
Read more: http://www.sun-sentinel.com/business/consumer/fl-property-insurance-reform-agenda-20170106-story.html
