SB55 — Prohibiting the assignment of benefits under certain property and casualty insurance contracts and defining such assignment of benefits as an unfair method of competition and unfair or deceptive act or practice.

SB55 — Prohibiting the assignment of benefits under certain property and casualty insurance contracts and defining such assignment of benefits as an unfair method of competition and unfair or deceptive act or practice. · Informed CitizenrySB55 prohibits the solicitation or acceptance of 'assignment agreements' regarding post-loss benefits under residential property insurance policies. The bill defines these assignments as unfair met…Open in Informed Citizenry