Daily Archives: January 25, 2017

Fla. No-Fault System Drives High Cost, Low Coverage, Panel Hears

Palm Beach Post – Charles Elmore Florida drivers pay among the nation’s highest insurance premiums for relatively low coverage amounts, a state Senate panel heard Tuesday as discussion begins on whether to end the state’s no-fault system after four decades. “Florida has the fifth highest auto premiums in the country despite its mandatory limits being…

Committee Chair Wants Assurances PIP Repeal Would Lower Premiums

Michael Moline – Florida Politics The chairwoman of the Senate Banking & Insurance Committee foresees changes to Florida’s personal-injury protection, or PIP, mandate for auto insurance, but wants assurances reform will reduce premium costs. “I think that this is an issue that you will see some legislation that will come before this committee at a…