4th DCA Finds AOB Without All Insureds’ and Mortgagees Signatures Unenforceable
September 6, 2018
On Wednesday, September 5, 2018 the Florida Fourth District Court of Appeals ruled that assignment of benefits (AOB) without all insureds’ and mortgagees signatures are unenforceable. The appellate court found no problems with an insurer requiring consent from all insureds and mortgagees, which is good news at a time when AOB abuse is such a big issue in Florida.
Visit Law360 (subscription required) or Justia for more information on this ruling.