Senate Committee to Discuss Possible PIP Replacement
David Simmons, chairman of the Senate Banking & Insurance Company, is expected to bring up a proposal for replacing PIP with mandatory bodily injury liability insurance at today’s committee meeting. Senator Simmons has scheduled PIP as a major part of today’s meeting, although no vote is expected on any proposal today. Possible topics arising from an alternative proposal include bodily injury limits, claim settlement reform if current PIP claims migrate into the courts and the concern of health insurers that mandatory medical payments coverage also is necessary to costs under auto insurance policies from being shifted to the health insurers.