Florida PIP reforms News

Florida Drives Toward Repeal of Motor Vehicle No-Fault Law

After many years of trying, Florida is closer than ever to repealing its 50-year-old motor vehicle no-fault law. However, many industry stakeholders have expressed opposition to the legislation passed by the Florida Senate last week and its companion bill approved …

Florida PIP Report Shows Reduction in Rates and Fraud

Florida’s attempt to lower the cost of personal injury protection (PIP) automobile coverage is making progress as insurers’ rates have declined due in part to lower losses and fewer fraudulent claims. The Florida Office of Insurance Regulation released an annual …

Florida Supreme Court Leaves PIP Reforms Intact

The Florida Supreme Court has declined to review the state’s no-fault automobile insurance personal injury protection (PIP) reforms that were designed to lower the cost of the coverage by targeting fraud and restricting emergency medical services. Parts of the 2012 …

Report Finds Florida PIP Reforms Helping to Lower Rates

Florida drivers are starting to see the benefits of a 2012 re-write of the state’s no-fault automobile insurance law as insurers have reduced their personal injury protection (PIP) rates by a statewide average 13.2 percent. Since PIP rates only account …