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Insurers and public adjusters back assignment-of-benefits reforms for homeowner claims; supporters warn about out-of-state operators
Summary
Insurers and public-adjuster representatives urged lawmakers to advance H.1113 to clarify assignment-of-benefits rules for homeowners insurance claims and limit abusive third-party claims practices.
The Mass. Insurance Federation and representatives of the public-adjuster community testified in support of House Bill 1113, legislation to tighten the regulation of assignment-of-benefits practices in homeowners insurance claims.
Christopher Stark, executive director of the Massachusetts Insurance Federation, told the committee the bill is "very simple" in purpose: to clarify the assignment-of-benefits process and protect…
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