SB 122 – Relating to Agreements Between Service Providers and Consumers
On Wednesday, April 17, SB 122 by Senator Doug Broxson (R-Pensacola) was heard before the Senate Rules Committee and was reported favorably with 11 yeas and 6 nays. AIF’s Senior Vice President of State and Federal Affairs, Brewster Bevis, stood in support of this legislation.
This bill amends the ways in which attorneys can claim attorney fees and sets forth guidelines as to which party is liable for payment. This bill also provides additional consumer protections from AOB abuse, such as allowing an assignor the right to rescind the assignment agreement without worry of paying penalties or fees.
SB 122 will now move to the Senate floor.
AIF supports reforms to the assignment of benefits process that keeps insurance rates low and protects consumers from AOB abuse.