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 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 …
Florida legislators, drivers, and reporters want to know when the savings are coming from the Personal Injury Protection (PIP) reform law enacted in 2012. So do we. PIP is a money-loser for car owners and insurance companies. According to a …
