Insureds Validly Assigned Rights Under Policies To Water Restoration Company

(June 15, 2018, 8:57 AM EDT) -- PHOENIX — Insureds whose homes sustained water damages validly assigned their rights under their homeowners policies to a water restoration company to collect payment for the remediation work, an Arizona appellate court said June 12 in rejecting the insurer’s argument that the assignments were not valid (Farmers Insurance Exchange v. The Honorable David Udall, et al., No. 18-0081, Ariz. App., Div. 1, 2018 Ariz. App. LEXIS 94)....

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