Michigan auto insurance rates are highest of any U.S. state

Michigan Auto Insurance rates

Newly released survey results show that drivers in the state aren’t wrong about how much they’ve been paying. It shouldn’t come as much of a surprise to know that Michigan auto insurance rates are high. Drivers in the state have been complaining about their premiums for years and lawmakers have made several attempts to alter this situation. A recent survey has confirmed yet again that Michigan drivers are indeed paying more than any other state. The survey confirmed that Michigan auto insurance rates are in fact the highest, on average,…

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

Florida Auto Insurance

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…

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Do You Know What Personal Injury Insurance Covers?

Personal injury insurance or personal injury protection (PIP) is an extension of the typical car insurance. It will provide coverage for treatment and medical expenses that are connected to injuries sustained during an automobile accident. Understanding what personal injury insurance covers will help you decide whether it is the right coverage for you and for your family. Basics of Personal Injury Insurance: Although most common in cases connected to automobile accidents, this type of coverage may also be provided for personal injuries and emotional distress resulting from defamation or libel.…

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New auto insurance laws in Florida subject to optimistic outlook

Florida proof of Auto Insurance

Regulators warn that a preliminary report concerning insurance savings could be inaccurate Florida’s new auto insurance laws have taken root, especially in the personal injury protection (PIP) sector, and some state officials suggest that they are leading to lower insurance premiums. The state’s insurance regulators are warning that the preliminary reports coming from some insurance companies and state officials could be nothing more than wishful thinking. The implications that the new auto insurance laws may already be leading to savings comes from a report that was recently released by the…

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Auto insurance changes in Florida may not lower premiums

florida no fault car insurance

Alterations to PIP may not bring relief to drivers’ wallets. The Florida no fault auto insurance program has just experienced a number of alterations in the hopes that the residents of the state would face lower premiums resulting from the crackdown on fraud. Fraudulent claims have been rampant in the state, driving rates ever upward. Governor Rick Scott and the lawmakers in the Republican party have promised that no-fault insurance premiums will slide as a result of these efforts. However, a company that was hired to perform an evaluation on…

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Florida passes new PIP reform bill that will is expected to reduce auto insurance fraud in the state

Florida Governor Rick Scott is claiming a major victory on behalf of the state’s citizens this week. The state Senate has passed legislation that will reform the state’s troublesome personal injury protection (PIP) auto insurance system. The system has been wrought with fraud for several years, becoming much worse over the past two. Legislators supporting reform claim that this fraud was causing auto insurers to raise rates on coverage at alarming speed. The new legislation seeks to remedy the problem. The legislation that was passed by the Senate is House…

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New York doctors suspected of fraud to the personal injury protection system face possible decertification

New York has launched a meticulous statewide initiative to shut down medical offices that have been fraudulently billing for medical services for car accident victims under the no-fault personal injury protection (PIP) system in the state, when those services are either entirely unnecessary or were never administered in the first place. Under the new regulations of this initiative, any doctors who have taken part in these unscrupulous efforts to defraud the PIP system in New York will be committing professional suicide. The regulations are being issued by the Department of…

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Florida lawmakers pass new bill designed to combat auto insurance fraud in the state

The Florida House of Representatives has passed a new bill that aims to dismantle auto insurance fraud in the state. The bill, House Bill 119, passed with a vote of 85-30, receiving a great deal of support from both political parties. The bill will now contend with a similar legislation heading to the state’s Senate, Senate Bill 1860. Both bills have similar goals, but seek to accomplish them in differing ways. Governor Rick Scott, who has made insurance fraud a top priority this legislative session, says that the ultimate goal…

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Florida lawmakers attempting to compromise over reforms to PIP

The Florida legislature is facing a debate over to strikingly different proposals that have been made to reform the no-fault auto insurance system in the state – also known as personal injury protection (PIP) – but the top lawmakers are hoping that it will be possible to reach a compromise. One of the primary issues of this legislative session – the extensive auto insurance fraud experienced in the state – was temporarily derailed by massage therapists who had been lobbying the topic. On Tuesday, the Senate Budget Committee held off…

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Florida legislators come face to face with staged accidents

Florida continues to lead the U.S. in auto insurance fraud, a fact that state lawmakers have been working to change. Staged auto accidents are presenting the state, and its insurance industry, with significant problems. Those abusing the state’s Personal Injury Protection (PIP) system, which provides drivers with no-fault auto insurance policies, cause insurers to raise rates on coverage in an effort to recovery from losses. Thus far, Florida legislators have been divided on how to solve the problem. That is until they were shown how easy it was for drivers…

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