CHANGING THE APPROACH TO SOLVING FLORIDA’S ASSIGNMENT OF BENEFITS ABUSE

June 25, 2018: Insurance industry leaders say better collection of data and use of analytics, coupled with a new method of looking at insurance company liabilities and surplus, are keys to providing “the true picture” of the rising costs of Assignment of Benefits (AOB) abuse in Florida – and to needed legislative reforms.  It was part of a discussion last week with 200 participants in an interactive webinar “Industry Beware: Inside the AOB Epidemic” of which a recording is available here.