mandatory coverage News

Some States Still Weigh Mandating Business Interruption Coverage

Since about a year ago when their business constituents began complaining that their insurance companies were telling them their policies do not cover their losses from the pandemic, lawmakers in a number of states have responded by filing legislation to …

Michigan Governor Unveils Auto Insurance Plan

Michigan Gov. Rick Snyder and Republican lawmakers have unveiled a proposal to end unlimited lifetime coverage for medical expenses tied to auto accidents. Drivers now pay $175 per car per year to cover catastrophic injuries, and the fee is rising …

Florida Governor Suggests Making PIP Coverage Optional for Drivers

Florida drivers should have the option to forgo purchasing what is now mandatory auto personal injury protection (PIP) coverage, says Gov. Rick Scott. Following the failure of lawmakers this year to reform the state’s no-fault auto law, Scott has now …