Each year, FAIA develops succinct summaries of insurance-related issues ("300 Worders") to help lawmakers, the media, and the public better understand often-complicated insurance topics.
300 words on Assignment of Benefits (AOB) abuse, which is driving up the cost of property insurance premiums in Florida.
Fraudulent activities coupled with high attorney involvement in a supposedly no-fault system continue to drive up the cost of personal injury protection (PIP) insurance to a level at which those Floridians who most need it can hardly afford it.