Florida’s state-backed insurer Citizens Property Insurance Corp. secured a win at the Fourth District Court on Wednesday, when it upheld a Palm Beach Circuit ruling against a third-party contractor who sought insurance benefits after conducting repairs for a homeowner.
It’s a case that involves assignment of benefits, which transfers the insurance claims rights or benefits of an insurance policy to a third party. The issue here was that the lawsuit was filed in 2020, after Florida’s assignment of benefits statute was changed in 2019 to make it harder for third parties to secure attorney fees in an effort to curb alleged fraud.
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