Live Insurance News

Proof of auto insurance goes electronic in Florida

January 7, 2014January 4, 2014 Julie Campbell

The state has joined more than half of the country that allow drivers to display coverage on their smartphones. Florida has now become one of the 30 total states that are now allowing drivers to show digital proof of auto insurance on the screens of their smartphones and other mobile devices as a legitimate way of showing that they have the required coverage for their vehicles. The Cabinet and the Governor have now signed the administrative rule that allowed the change to be implemented. The Florida Cabinet and Governor Rick…

Auto insurance bill by Senator to scrap Florida no-fault system

October 14, 2013October 12, 2013 G. Turner

The legislation is being prepared in order to change the situation in the state which is riddled with fraud. A new bill is being drafted by David Simmons (R-Altamonte Springs), the Senate Banking and Insurance Chairman in Florida, in order to help to repeal the no-fault auto insurance system in the state, which is swimming in fraud and that is costing residents a fortune to cover their vehicles. A landmark effort for this purpose from 2012 remains tied up in the courts, allowing fraud to continue. Simmons explained that he…

Auto insurance fees may be relaxed in Florida

April 6, 2013April 3, 2013 Logan B.

Florida considers putting an end to some fees that make auto insurance coverage so expensive Florida is home to some of the most expensive auto insurance coverage in the U.S. This is partly due to the state’s no-fault auto insurance laws and the fees associated with coverage. The regulations governing auto insurance in the state have made fraud very prevalent, which has also contributed to the increasingly expensive nature of coverage. This week, Florida lawmakers have been working on a plan to give the state’s drivers some respite from the fees…

Auto insurance reform injunction in Florida halted

January 9, 2013January 9, 2013 H. Cutner

A federal judge has denied the progress of the process that could have blocked the PIP changes. A federal judge has just ruled to stop an injunction designed to impede the personal injury protection (PIP) reforms to the auto insurance law in Florida, which had only just been enacted last year. Supporters of the reform feel that this decision was an important victory for vehicle coverage in the state. As a part of U.S. District Court Judge Richard Lazzara’s ruling, he refused to grant requests for an injunction that were…

Auto insurance law goes into effect tomorrow

December 31, 2012April 30, 2013

Florida drivers will face new coverage regulations starting January 1. As of tomorrow, Floridians will be facing reforms to the auto insurance law that are designed to help to play an important role in the effort to battle fraud in this industry within the state. This will involve considerable changes to the guidelines for personal injury protection (PIP). The first phase of the reforms to the law, which were designed to help reduce the success of staged accident claims and other forms of auto insurance fraud, were implemented earlier this…