Legal and Regulatory

Assignment of Benefits Agreements Are Subject to New Legislation

When emergency repairs are required, an assignment of benefits lets contractors perform work and file a claim directly with the insurance company. Some states have implemented new regulations for AOBs.
By Nate Budde
September 20, 2019
Topics
Legal and Regulatory
by Nate Budde
Nate Budde is an author for The Lien and Credit Journal and works as the Chief Legal Officer at zlien. The leading nationwide mechanics lien service, zlien provides services to help contractors reduce their credit risk through the management of mechanics lien and bond claim compliance. He is a licensed attorney in Louisiana, a graduate of Stanford University (B.A.) and Tulane Law School (J.D.). Connect with him via LinkedIn and Google+.

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