TALLAHASSEE, Fla. – Florida Chief Financial Officer (CFO) and State Fire Marshal Jimmy Patronis spoke at the Florida Senate Banking and Insurance Committee this afternoon to address Assignment of Benefits abuse. Watch the committee meeting as well as CFO Patronis' remarks (31:09) here on The Florida Channel.

 

CFO Jimmy Patronis said, "Assignment of Benefits is a financial crisis in Florida and today I encouraged lawmakers to bring everyone to the table—including insurers, attorneys, contractors, and state leaders—to find the best solutions to addressing this mounting problem. Abuse of AOB is a deceptive practice and it’s important that we do everything to protect and empower Floridians against the bad actors who prey on vulnerable situations.”