Assignment of Benefits: A Mortgagee's Consent Matters
12/5/18
By: Michael Kouskoutis Policyholders John and Liza Squitieri suffered a water loss in their Florida home. Following the loss, Mrs. Squitieri signed an assignment of benefits (AOB) to Restoration 1, an emergency restoration services company. However, the Squitieri’s policy contained a provision requiring an AOB to have written consent of all insureds and mortgagees. The…
Stranger Danger: Georgia Joins Minority View and Allows Assignability of Legal Malpractice Claims
4/2/13
By: Dana Maine Legal malpractice carriers be aware that you will now be on the hook for defending your insureds in actions brought by strangers to any attorney-client relationship. The Georgia Supreme Court just answered the question on the minds of Georgia attorneys and legal malpractice practitioners across the country – legal malpractice claims are…