Opinion: Floridian AOB pain

If it was needed, there was plenty more evidence of the
pressures facing Florida homeowners' carriers as three of the
sector's big guns reported fourth quarter results at the start
of the week.
And assignment of benefits (AOB) - along with the litigated
water claims the practice has spawned - was once again a key
culprit in deteriorating underwriting results.
With their relatively large balance sheets, United, HCI,
Universal and the other two publicly traded Floridians yet to
report appear...