Fla. Pol Wants Explanations From Insurers On PIP
|By BRENT KALLESTAD, Associated Press|
"Frankly I'm disappointed in the PIP insurance companies," Gaetz said. "They promised savings. I want to know where the rate savings are."
Industry analysts say it's too early to tell what effect the new provisions, signed into law last May by Gov.
"There is a heavy burden on them right now," said Gaetz, who doesn't believe a final decision on PIP will come in the upcoming session. "I don't think the insurance companies have come through like they said they would come through."
However, it is unlikely Scott or lawmakers will want to face disgruntled voters in 2014 without doing something on an issue that has eluded resolution for years.
Florida motorists have been required to buy no-fault PIP coverage since 1972 to make sure anyone injured in a crash gets money to treat their injuries without delay. A driver's insurance company is required to pay up to
The new measure was largely designed to crack down on the rampant fraud that has haunted PIP in recent years, most notably in the
The new law put a 14-day limit on seeking treatment following a crash and capped benefits at
Several lawsuits have resulted against the new law on behalf of massage therapists, acupuncturists and chiropractors.
Albeit perhaps a bit more tepid, House Speaker
"I supported changes to Florida's personal injury protection laws and believe they were necessary to protect consumers," Weatherford, R-
"The bulk of the key provisions of the PIP bill did not go into effect until
Scott will be watching closely. He also has been critical of PIP and is on record that he wants it fixed or ditched.
Florida Insurance Commissioner
Gaetz, like others, is becoming increasingly impatient and said he wouldn't need much convincing to support a mandatory bodily injury system that is used in most states.
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