The American Adjuster Association (AAA) was very active in Illinois this year, lobbying to protect policyholder rights and bring cost balancing to the claim process. The General Assembly ended its Spring 2021 session on June 16, and below is a recap of AAA’s overall impact on the 2021 IL Legislative Session. AAA’s primary focus included […]
AAA Impacts 2021 IL Legislative Session Read More »
It’s no secret Illinois policyholders have a hard time pursuing bad faith claims against insurance carriers. Due to state courts not recognizing bad faith as an independent tort, claims hinge on if the insured can prove the carrier’s actions were “vexatious and unreasonable.” Bad faith cases are almost always statutory in nature, meaning without prior
How HB 0142 Will Help Illinois Policyholders With Property Damage Claims Read More »
A statistic that made headlines in early April in regards to Florida’s insurance crisis may be incorrect in the context it was applied, according to one expert. The report that concluded “Florida homeowners file 76% of property insurance lawsuits in the U.S.” was done by the Florida Office of Insurance Regulation and sent to legislatures
FL Lawmakers Are Being Misled On Insurance Crisis Read More »
Several updates made to HB 305 could create additional loopholes that incentivize carriers to underpay valid property damage claims. This bill was originally introduced to curb litigation which proponents say a primary cause for the premium increases across the state. Related: FL Lawmakers Are Being Misled On Insurance Crisis One way legislatures are using HB
FL Insurance Carriers Can Underpay Claims By 20% Without Penalty Read More »
Two FL insurance bills, HB305 and SB76, were introduced in January of this year to indirectly lower homeowners insurance premiums. Three months later, both bills have made their way through the FL Senate and several last-minute additions have been added. If passed, the changes proposed in HB305 and SB76 would go into effect on July
Updates To FL Insurance Bills Clear Senate Read More »
Florida policyholders have been promised lower insurance rates for years by legislators and lawmakers. As recently as 2019, a new law went into effect that aimed to reform the market and make coverage affordable. Known as the “AOB Law,” it was the most heavily lobbied bill during the session. It was primarily supported because carriers
Will HB305 And SB76 Lower Insurance Rates? Read More »
The roof reimbursement schedule proposed under SB76, HB 305, will leave Florida policyholders picking up the tab for what property insurance should cover. If the current legislation passes, homeowners with roofs 10+ years or older could lose coverage, have to pay out of pocket for repairs, or be forced to get a brand new one.
The Roof Reimbursement Schedule Impact FL Policyholders Read More »
To help consumers and small businesses receive equitable payments on insurance claims, Rep. La Shawn K. Ford is sponsoring legislation to help policyholders get fairly reimbursed for experts and consultants who help them make their case. “The passage of House Bill 142 would be a huge win for Illinois insurance policyholders,” said Rep. Ford, D-Chicago.
HB142 Helps Consumers Get Fair Insurance Claims Read More »
A key argument in most first party breach of contract cases is whether or not consequential damages can be recovered. Should damages that were caused by the breach of contract be awarded to the first-party claimant, even if those coverages are not listed in the policy? These types of cases blur the lines between breach
Breach Of Contract & Consequential Damages Read More »
The American Adjuster Association has a clearly defined message for what they are trying to accomplish for policyholders: Fairness and Balance. In short, equitable solutions for policyholders that have been underpaid on claims. Our message has been heard by members of the Illinois legislature, a very challenging state to get pro-consumer legislation. State Farm, Allstate,
Illinois HB0142 Seeks Fair & Balanced Payments For Property Damage Claims Read More »
