Cypress offers Florida AOB-blunting deductible plan

Florida homeowners' carrier Cypress Property & Casualty
Insurance has introduced a deductible instalment plan for
policyholders that may provide an incentive not to enter into
assignment of benefits (AOB) agreements with third parties after a
damaging storm.
According to sources the carrier has been approved by the
Florida Office of Insurance Regulation to provide the policy
endorsement to existing and new policyholders for hurricane
deductibles.
The patented plan applies to up to 2 percent