Prohibiting the post-loss assignment of benefits in property insurance.

This bill prohibits contractors or third parties from obtaining post-loss assignment agreements that transfer a homeowner's or business owner's insurance claim rights and benefits to them after a property loss. It makes such agreements invalid, prevents contractors from controlling claims without the policyholder's involvement, and imposes $50,000 fines for violations. Exceptions include licensed public adjusters, attorneys working on contingency, mortgagees, and standard payment authorizations. The law aims to ensure policyholders retain control over their insurance claims and communications with insurers.