Florida no fault auto insurance repeal effort launched once again

florida no fault car insurance

A new proposal is headed to the state Legislature in 2018 after having undergone lengthy discussion. Senator Tom Lee (R-Thonotosassa) filed SB 150 in the hopes of repealing the no fault auto insurance system in Florida. The current law requires drivers in the state to carry $10,000 in personal injury protection (PIP) coverage. Senator Lee seeks to replace the PIP coverage with a requirement for bodily injury and medical payment coverages. Lawmakers have tried several times to repeal the no fault auto insurance system over the last few years. They…

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Auto insurance reforms to PIP have yet to lower premiums

Florida proof of Auto Insurance

  Florida drivers are still waiting for the promised savings to kick in. Over one hundred auto insurance companies were required to report their intentions to reduce their rates on Monday, as a result of the massive changes to the personal injury protection (PIP) plan in Florida. However, as many predicted, these insurers didn’t show any clear intention to reduce prices. A new law in the state required that these auto insurance providers send a rate filing to the Office of Insurance Regulation at the start of October, which would…

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Auto insurance law in Florida designed to beat fraudsters

Unemployment Insurance

New PIP regulations takes aim at reducing fraud and keeping rates under control. The Florida legislature has now made amendments to its auto insurance personal injury protection (PIP) benefits for drivers in the state, eliminating certain types of medical treatment coverage, such as acupuncture and massage. Governor Rick Scott signed the bill that is designed to reduce the fraud in the state. Bogus auto insurance claims are spiraling out of control in Florida, causing premiums to skyrocket. Though proponents of the bill are seeing this as a victory against those…

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New auto insurance law in Florida to prevent fraud

Florida proof of Auto Insurance

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…

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Florida to host a series of meetings of insurance and consumer representatives to solve problems with PIP system

The Florida state government will be facilitating a series of meetings to resolve an issue with the state’s personal injury protection (PIP) insurance law. Insurers, medical professionals, state officials and representatives from a number of consumer advocacy groups will be attending the meetings and working together to find some resolution to the issue. Currently, PIP insurance is required throughout Florida, which has spurred rampant fraud in the state. Through the meetings, the groups will conclude whether the PIP system should be reformed or abolished altogether. Fraud has plagues Florida’s PIP…

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