I am often asked whether an Assignment of Benefits (“AOB”) is valid in [insert state here] under a property insurance policy. The purpose of this blog series will be to provide readers with an answer to the question on a state-by-state basis. As New Jersey is my home-state, it’s up first. Continue Reading Assignment of Benefits, Part 1: New Jersey
Assignment of Benefits, Part 11: Connecticut
Following another reader’s request, in this week’s post on our series on Assignments of Benefits (AOBs) we are looking at Connecticut and how AOBs are managed there. Continue Reading Assignment of Benefits, Part 11: Connecticut
What Is the Prescriptive Period for Louisiana First-Party Bad Faith Claims?
Louisiana federal courts have been split on the issue regarding the applicable prescriptive period (statute of limitation) for first-party insureds’ bad faith claims against their insurers. Recently, the Louisiana Supreme Court granted review of Smith v. Citadel Insurance Company, to definitively rule on the primary legal issue presented: “the proper prescriptive period applicable to a first-party bad faith claim against an insurer.”1 Continue Reading What Is the Prescriptive Period for Louisiana First-Party Bad Faith Claims?
Assignment of Benefits, Part 6: Hawaii
I received a request from one of our readers who asked that I review Assignment of Benefits (“AOBs”) in Hawaii and discuss their applicability and validity. Continue Reading Assignment of Benefits, Part 6: Hawaii
Georgia Association of Public Insurance Adjusters’ May 14 Spring Conference Will Be Missing Foy Taff
The Georgia Association of Public Insurance Adjusters will hold its Spring Meeting on May 14 in Atlanta. GAPIA is one of the hardest working public adjuster associations I have ever been associated with. Unfortunately, we will be without Foy Taff of Taff Claims Service. Continue Reading Georgia Association of Public Insurance Adjusters’ May 14 Spring Conference Will Be Missing Foy Taff