Disclaimer

The information on this website is presented as a service for our clients and Internet users and is not intended to be legal advice, nor should you consider it as such. Although we welcome your inquiries, please keep in mind that merely contacting us will not establish an attorney-client relationship between us. Consequently, you should not convey any confidential information to us until a formal attorney-client relationship has been established. Please remember that electronic correspondence on the internet is not secure and that you should not include sensitive or confidential information in messages. With that in mind, we look forward to hearing from you.

Skip to Content

Property & Casualty Attorney Heidi Hudson Raschke Quoted in Law360, Discusses Assignment of Benefits

Carlton Fields Shareholder Heidi Hudson Raschke was quoted in a Law360 article, “Fla. High Court May Crack Down On Benefit Assignments.” The Florida Supreme Court will hear a case, Restoration 1 of Port St. Lucie v. Ark Royal Insurance Co., and the court’s decision could greatly impact insurance companies’ practices in the state of Florida.
 
The assignment of benefits gives contractors the ability to seek payment directly from insurers for work performed on an insured property.
 
Raschke told Law360 that “if the high court reverses the Fourth District’s ruling, the state will be left with the status quo.
 
"Until the Fourth DCA's decision, I think there was a sense that any kind of post-loss assignment provision wasn't going to be upheld, and there was a strong look toward the Legislature to take action," Raschke said. "That legislative option will still be out there even if the Supreme Court does reverse."
 
READ the full article here. (subscription required)