LEGISLATIVE UPDATE Committee Week 6 2017
PIFF Priorities:
AOB Reform– PIFF supports a change to Florida’s “one-way attorney fee” law so that businesses that sue insurance companies are required to pay their own lawyers.
PIP Insurance– PIFF members believe that any changes to the PIP law must be thoughtful, comprehensive, and consumer-focused. Any new mandatory levels of coverage could increase premiums for all consumers.
Bad Faith– PIFF supports restoring bad faith laws to their original intent as a tool to protect consumers and end the windfall profits for trial lawyers.
Transportation Network Companies– PIFF members support strengthening the law regarding insurance requirements to ensure TNC drivers and passengers are adequately protected.
Prejudgment Interest– PIFF opposes any change to current law.
Premium Tax Credit– PIFF opposes any change to current law
