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Press Release

Office Releases Assignment of Benefits Data Call Report
Monday, February 8, 2016
Contact Info:

Amy Bogner
(850) 413-2515                      
press@floir.com                     

TALLAHASSEE, Fla. – The Florida Office of Insurance Regulation (Office) has released the “2015 Review of Assignment of Benefits Data Call Report", which provides aggregated results from a data call requiring the participation of the top 25 personal residential insurance companies writing Homeowners (HO-3) and Dwelling Fire policies. Other personal residential property insurance companies also voluntarily participated in the data call.

The overall purpose was to assist in evaluating the impact to Florida's property claims as a result of an assignment of benefits from a policyholder to a third party for water or roof damage repair (i.e. water pipes busting, leaks from appliances, etc.).

A copy of the report can be accessed at: http://www.floir.com/siteDocuments/AssignmentBenefitsDataCallReport02082016.pdf.

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Contact Info:

Amy Bogner
(850) 413-2515                      
press@floir.com                     

About the Florida Office of Insurance Regulation
The Florida Office of Insurance Regulation has primary responsibility for regulation, compliance and enforcement of statutes related to the business of insurance and the monitoring of industry markets. For more information about the Office, please visit www.floir.com or follow us on Twitter @FLOIR_comm and Facebook. ​

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