PIP reform rate filings due, yet reforms so far miniscule
An important reminder about the reforms to Florida’s no-fault auto insurance law: The most significant changes do not go into effect until January 2013. So if you’re looking for big rate relief now, it...
View Article“Cart before horse” on PIP reform savings calculations
How do you calculate actual results from something that hasn’t actually happened? Well, you can’t. But that didn’t stop Florida legislators from demanding that it be done. Auto insurance companies had...
View ArticleNo-fault auto insurance reforms start to phase in
Florida’s no-fault auto insurance law was reformed, and it brings changes in the way those injured in a car crash will seek medical treatment. But nothing changes for you until your auto insurance...
View ArticleOrganized crime & insurance fraud
If you wonder why insurance fraud seems to be rampant in Florida, it could be because it’s organized—as in “organized crime.” This is no secret. If you look at The PIP Source produced by the state...
View ArticlePinching PIP Perps: The Fight Against Auto Insurance Fraud
Want to know who to blame for rising auto insurance rates? I can give you names. Actually, the Florida Dept. of Insurance Fraud can give you names—of the arrests made in just one month of those who...
View ArticlePIP reform on/off switch back on—for now
In 2012, changes were made to Florida’s No-Fault Auto insurance law, also known as Personal Injury Protection (PIP). Those changes were set to launch in January 2013, yet the law barely left the...
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Auto insurance reforms may be working, say regulators
In 2012, Florida lawmakers passed legislation to target the fraud and abuse that was driving up the cost of auto insurance. Today, the Florida Office of Insurance Regulation released a report...
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Cheaper gas fuels more driving, more car crashes, higher auto insurance cost
Drivers everywhere continue to enjoy the benefits of low gas prices, and what are they doing to celebrate? They are driving more. It’s less costly to take a road trip now, rather than fly to another...
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PIP/No-fault future under debate – again
The Florida Legislature is again looking at ending no-fault auto insurance in Florida. Sound familiar? Tweaking no-fault (also known as personal injury protection – PIP) is a frequent topic for...
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