Live Insurance News

New auto insurance law in Florida to prevent fraud

July 6, 2012April 30, 2013

State cracks down on massive scam problem with several new laws that took effect on Sunday. Three new measures and anti-fraud auto insurance laws will be included among 150 new regulations in Florida, in a part of the state’s efforts to crack down on a serious scam problem with their personal injury protection (PIP) laws. The changes take direct aim at the way that auto insurance functions within the state. The PIP coverage has been in place in Florida since 1972. Since that time, all drivers in Florida have been…

Louisiana passes new auto insurance law

June 8, 2012June 8, 2012 Nordstrom

New law expands the authority of law enforcement in the state A new law has passed in Louisiana, giving the state’s law enforcement expanded authority over vehicles that may not be insured. The state’s auto insurance laws have been in flux recently, with lawmakers considering several reforms or new legislation that would help solve some of the issues with the state’s ongoing struggle with insurance fraud and the growing lack of auto insurance coverage. The legislation, House Bill 1053, was signed into law this week by Governor Bobby Jindal. State…

California auto insurance law is being challenged by Mercury General Corp

September 13, 2011September 13, 2011 Marc

Mercury General Corp., one of California’s largest auto insurance providers, has taken a bold new step in confronting one of California’s most controversial auto insurance laws. Proposition 103, as it is known, was first passed in 1989, much to the chagrin of many insurance companies offering automobile policies. The law brought many changes to the industry, among which were new regulations regarding rates and limiting the power of insurers to deny claims. For the past decade, Mercury General has been campaigning to change the law. As California’s Legislative session nears…