A preliminary report on the impact of Florida’s no-fault auto insurance law suggesting it could result in savings between 12 percent and 20 percent on a portion of drivers’ premiums is presenting as many questions as answers. Regulators have cautioned …
A trio of constitutionally questionable measures and legislation designed to crack down on no-fault auto insurance fraud are among about 150 new Florida laws going into effect Sunday. A law that bans state and local governments from hiring companies that …
Florida regulators are scrambling to fix a loophole in the state’s new auto no-fault insurance law that could affect medical payments to health care providers and trigger a spate of lawsuits against the law. Florida Gov. Rick Scott last week …
While state officials are widely praising Florida’s new no-fault auto insurance law, insurers are wary of having to implement rate decreases before there is a corresponding drop in losses as the new law stipulates. The new law specifies that by …
Gov. Rick Scott got the legislation he wanted to reform Florida’s mandatory motor vehicle no-fault law and crack down on the abuses in personal injury protection cases that have led to skyrocketing increases for coverage. Whether the new measure will …
Florida Gov. Rick Scott has blasted a Senate bill to reform the state’s personal injury protection (PIP) auto insurance system claiming the bill does not provide adequate reform and could make the system even more costly. Scott was joined in …
The Florida Senate has rewritten the House’s bill aimed at reforming the state’s no-fault auto law, adding numerous provisions that are opposed by House lawmakers. As a result, there is a chance that the issue will become the subject of …
A bill aimed at cracking down on rampant fraud in the state’s personal injury protection insurance was passed Friday in the Florida House of Representatives. The bill (HB 119) was approved largely along party lines on an 85-30 vote. It’s …
A Senate bill aimed at cracking down on the rampant personal injury protection insurance fraud that costs Florida drivers more than $1 billion annually in premiums is headed to the full floor for what promises to be a contentious debate …
Roughly half way through Florida’s legislative session, state Insurance Commissioner Kevin McCarty expressed optimism that state lawmakers would find a way to substantial reform the state’s no-fault auto insurance law. Speaking on an invitation by the Put the Brakes on …
