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Maryland Does Not Allow Assignment of Property Insurance Proceeds

By Chip Merlin on May 29, 2024

Restoration contractors should be aware that Maryland does not allow an assignment of insurance claim benefits if the policy has an anti-assignment clause. In March, a Maryland appellate court upheld the insurance commissioner’s finding that the roofing contractor did not have a valid assignment and therefore lacked standing to bring any suit or complaint of …

The post Maryland Does Not Allow Assignment of Property Insurance Proceeds appeared first on Property Insurance Coverage Law Blog.

  • Posted in:
    Insurance
  • Blog:
    Property Insurance Coverage Law Blog
  • Organization:
    Merlin Law Group, P.A.
  • Article: View Original Source

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