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[Liability Insurance] Fwd: Press Release - Statement from Citizens Property Insurance Corporation on signing of AOB reform bill

PS
Pence, Scott
Thu, May 23, 2019 11:00 PM

Please see below and attached thanks to Jay Mussman.

Sent from my iPhone

Begin forwarded message:

From: "Mussman, Jay D." <jmussman@daypitney.commailto:jmussman@daypitney.com>
Date: May 23, 2019 at 6:28:08 PM EDT
To: "Pence, Scott" <spence@carltonfields.commailto:spence@carltonfields.com>
Subject: Fwd: Press Release - Statement from Citizens Property Insurance Corporation on signing of AOB reform bill

Please share
Thank you
Regards

Jay D. Mussman | Attorney at Law | Attorney Biohttp://www.daypitney.com/professionals/M/Mussman-Jay-D

Mizner Park Office Tower | 225 NE Mizner Boulevard, Suite 350 | Boca Raton FL 33432-4078
t (561) 537 4934 | f (561) 952 4267 | m (561) 862 8107
jmussman@daypitney.commailto:jmussman@daypitney.commailto:jmussman@daypitney.com | www.daypitney.comhttp://www.daypitney.comhttp://www.daypitney.com/
BOSTONhttp://www.daypitney.com/about/offices/boston  |  CONNECTICUThttp://www.daypitney.com/about/offices  |  FLORIDAhttp://www.daypitney.com/about/offices  |  NEW JERSEYhttp://www.daypitney.com/about/offices/parsippany  |  NEW YORKhttp://www.daypitney.com/about/offices/new-york  |  WASHINGTON, DChttp://www.daypitney.com/about/offices/washington-dc


From: Newsroom <Newsroom@citizensfla.commailto:Newsroom@citizensfla.com>
Date: May 23, 2019 at 5:24:48 PM EDT
To: Newsroom <Newsroom@citizensfla.commailto:Newsroom@citizensfla.com>
Subject: Press Release - Statement from Citizens Property Insurance Corporation on signing of AOB reform bill

[[EXTERNAL EMAIL]]


[cid:image008.jpg@01D5118C.58771330]

FOR IMMEDIATE RELEASE
May 23, 2019

Contact: Michael Peltier
(850) 264-7702 (cell)
(850) 513-3774

Statement from Citizens Property Insurance Corporation on signing of AOB reform bill

TALLAHASSEE, FL - Barry Gilway, President, CEO and Executive Director of Citizens Property Insurance Corporation, issued the following statement Thursday following the signing by Governor Ron DeSantis of HB 7065, a bill addressing assignment of benefits (AOB) reforms.

"I want to thank Gov. DeSantis for his quick action on this much-needed piece of legislation," said Barry Gilway, Citizens President, CEO and Executive Director. "This new law represents a major step forward in our efforts to stem rising premiums caused by unnecessary litigation and assignment of benefits abuse. It is going to make a difference."

The measure, which goes into effect July 1, bolsters consumer protections by tightening policy language requirements for the execution, validity and effect of assignment of benefits agreements. The law also creates a formula to determine the award of attorney fees in cases between insurers and third parties in assignment of benefits litigation. The law is expected to curtail an exponential growth in AOB litigation and abuse that has contributed to rising insurance costs for Floridians.

In 2002, the Florida Legislature created Citizens Property Insurance Corporation (Citizens), a not-for-profit alternative insurer, whose public purpose is to provide insurance to, and serve the needs of, property owners who cannot find coverage in the private insurance market.

[Citizens on Facebook]Find us on Facebookhttps://www.facebook.com/pages/Citizens-Property-Insurance-Corporation/313353039304  [Citizens on Twitter] Follow us @citizens_flahttps://twitter.com/citizens_fla


This message contains PRIVILEGED AND CONFIDENTIAL INFORMATION intended solely for
the use of the addressee(s) named above.  Any disclosure, distribution, copying or use of the
information by others is strictly prohibited.  If you have received this message in error, please
notify the sender by immediate reply and delete the original message.  Thank you.


Please see below and attached thanks to Jay Mussman. Sent from my iPhone Begin forwarded message: From: "Mussman, Jay D." <jmussman@daypitney.com<mailto:jmussman@daypitney.com>> Date: May 23, 2019 at 6:28:08 PM EDT To: "Pence, Scott" <spence@carltonfields.com<mailto:spence@carltonfields.com>> Subject: Fwd: Press Release - Statement from Citizens Property Insurance Corporation on signing of AOB reform bill Please share Thank you Regards Jay D. Mussman | Attorney at Law | Attorney Bio<http://www.daypitney.com/professionals/M/Mussman-Jay-D> Mizner Park Office Tower | 225 NE Mizner Boulevard, Suite 350 | Boca Raton FL 33432-4078 t (561) 537 4934 | f (561) 952 4267 | m (561) 862 8107 jmussman@daypitney.com<mailto:jmussman@daypitney.com><mailto:jmussman@daypitney.com> | www.daypitney.com<http://www.daypitney.com><http://www.daypitney.com/> BOSTON<http://www.daypitney.com/about/offices/boston> | CONNECTICUT<http://www.daypitney.com/about/offices> | FLORIDA<http://www.daypitney.com/about/offices> | NEW JERSEY<http://www.daypitney.com/about/offices/parsippany> | NEW YORK<http://www.daypitney.com/about/offices/new-york> | WASHINGTON, DC<http://www.daypitney.com/about/offices/washington-dc> ________________________________ From: Newsroom <Newsroom@citizensfla.com<mailto:Newsroom@citizensfla.com>> Date: May 23, 2019 at 5:24:48 PM EDT To: Newsroom <Newsroom@citizensfla.com<mailto:Newsroom@citizensfla.com>> Subject: Press Release - Statement from Citizens Property Insurance Corporation on signing of AOB reform bill [[EXTERNAL EMAIL]] ________________________________ [cid:image008.jpg@01D5118C.58771330] FOR IMMEDIATE RELEASE May 23, 2019 Contact: Michael Peltier (850) 264-7702 (cell) (850) 513-3774 Statement from Citizens Property Insurance Corporation on signing of AOB reform bill TALLAHASSEE, FL - Barry Gilway, President, CEO and Executive Director of Citizens Property Insurance Corporation, issued the following statement Thursday following the signing by Governor Ron DeSantis of HB 7065, a bill addressing assignment of benefits (AOB) reforms. "I want to thank Gov. DeSantis for his quick action on this much-needed piece of legislation," said Barry Gilway, Citizens President, CEO and Executive Director. "This new law represents a major step forward in our efforts to stem rising premiums caused by unnecessary litigation and assignment of benefits abuse. It is going to make a difference." The measure, which goes into effect July 1, bolsters consumer protections by tightening policy language requirements for the execution, validity and effect of assignment of benefits agreements. The law also creates a formula to determine the award of attorney fees in cases between insurers and third parties in assignment of benefits litigation. The law is expected to curtail an exponential growth in AOB litigation and abuse that has contributed to rising insurance costs for Floridians. ### In 2002, the Florida Legislature created Citizens Property Insurance Corporation (Citizens), a not-for-profit alternative insurer, whose public purpose is to provide insurance to, and serve the needs of, property owners who cannot find coverage in the private insurance market. [Citizens on Facebook]Find us on Facebook<https://www.facebook.com/pages/Citizens-Property-Insurance-Corporation/313353039304> [Citizens on Twitter] Follow us @citizens_fla<https://twitter.com/citizens_fla> ********************************************************************************************************** This message contains PRIVILEGED AND CONFIDENTIAL INFORMATION intended solely for the use of the addressee(s) named above. Any disclosure, distribution, copying or use of the information by others is strictly prohibited. If you have received this message in error, please notify the sender by immediate reply and delete the original message. Thank you. **********************************************************************************************************