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House adopts consumer-protection overhaul for assignment-of-benefits and post-storm contracting
Summary
Lawmakers approved H.B. 5263 to curb abusive assignment‑of‑benefits practices: required disclosures for door‑to‑door solicitations, limits on waiving deductibles, pre‑suit settlement offers, and prohibitions on contingent vendor fees and referral payments.
The House passed H.B. 5263 on April 29, a consumer‑protection package aimed at abusive ‘assignment of benefits’ practices that have driven litigation and insurance premium increases following storms. Sponsors said the bill increases transparency for homeowners, preserves legitimate contracting relationships and lowers the potential…
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