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ICYMI: AIA's Ron Jackson - Put Consumers Ahead of AOB Abusers

Contact: Marguerite Seidel
(202) 828-7196

With the Florida legislative session now underway, one thing that should demand policymaker attention is the notoriety of being named by the American Tort Reform Association as the worst state in the country for litigation abuse for 2017. The first New Year’s resolution that lawmakers should make is to reform assignment of benefits (AOB).

For more than 100 years, AOBs have been around in Florida to help complete work done for a claim covered by the insurance contract — in other words, AOBs are used to help resolve insurance claims, not promote litigation. But as of late, plaintiff attorneys and service contractors have turned their intended use upside down, using AOBs not to settle claims but to generate lawsuits and increase their fees.

To read the full op-ed, click here: http://www.sun-sentinel.com/opinion/commentary/fl-op-viewpoint-assignment-of-benefits-reform-florida-20180117-story.html 

 

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The American Insurance Association (AIA) is the trade association for today’s leaders in the property-casualty insurance industry.  Our members work each day to protect the American Dream, whether that’s a house, car, business or otherwise.  Now more than 150 years old, AIA has an unparalleled record of advocating on state, federal and international issues for insurers and their customers.

Our membership is comprised of more than 320 companies, collectively writing more than $125 billion in premiums each year.

We have the experience of a veteran organization coupled with the innovative ideas that drive our industry forward. AIA is leading the insurance industry into the second half of the 21st Century… today.


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Media Contacts

Maggie Seidel
VICE PRESIDENT, PUBLIC AFFAIRS
(202) 828-7196
mseidel@aiadc.org

Rachel Wallen
PUBLIC AFFAIRS MANAGER
(202) 828-7149
rwallen@aiadc.org

 

AIA MEDIA

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