Fla. Senate Passes PIP Reform Bill

By: Associated Press
By: Associated Press

TALLAHASSEE, Fla. (AP) -- The Florida Senate has narrowly passed a bill designed to crack down on the fraud that plagues Florida's mandatory and costly no-fault automobile insurance law.

The bill (HB 119) passed late Friday on a 21-19 vote. It now goes to Gov. Rick Scott, who had made the bill his top priority for the legislative session.

Scott came to the Senate moments after the vote to congratulate Senate President Mike Haridopolos for passing the bill. The state's insurance consumer advocate said Thursday that costs for the personal injury protection (PIP) coverage have increased $1.4 billion since 2008.

A tie vote would have defeated the measure.

The Senate had been demanding a guaranteed 25 percent rate reduction on PIP but settled for a 10 percent reduction that's not guaranteed.

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  • by Lindsay Location: Tallahassee, FL on Mar 10, 2012 at 11:03 AM
    STATEMENT The following statement was released today by Florida Justice Reform Institute President William Large regarding the passage of PIP legislation. FOR IMMEDIATE RELEASE: Contact: Allison North Jones March 9, 2012 (850) 322-6701 "Today the Florida Legislature ended the practice of exponentially increasing litigation costs associated with PIP by removing the use of attorney fee multipliers, which benefited attorneys at the expense of consumers.” # # #
  • by Bill Location: St.Pete on Mar 10, 2012 at 05:54 AM
    This will not help fraud it will only help the insurance companies. . . It's the Golden Rule - the ones with all the Gold make all the rules. Rick Scott is in bed with the insurance companies!
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