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Observers of Florida’s personal auto market are well aware of the legislative debates in recent years over the future of Florida’s no-fault Personal Injury Protection (PIP) insurance laws. Proponents of PIP have pointed to it as a relatively fast, no-fault basis of ensure basic coverage amounts are in place for injuries arising from auto accidents. […]
Governor Ron DeSantis ended weeks of speculation, persuasion and publicity campaigns when he vetoed SB 54, which would have repealed Florida’s Personal Injury Protection (PIP) law. SB would have replaced the no-fault PIP system with certain mandatory bodily injury (BI) coverage. The potential repeal of PIP has been an annual topic in the legislature for […]
Florida Legislature, auto insurance, Insurance Regulation News, no fault, PIP reform, Florida politics
The 2021 legislative session is entering its final week, barring an extension. As usual, key insurance legislation remains unresolved in the session’s final days. The session began two short months ago with Insurance Commissioner David Altmaier and Citizens Property Insurance Corporation CEO Barry Gilway discussing problems plaguing Florida’s residential property insurance market. Commissioner Altmaier later […]
The annual 60-day legislative session begins in Florida on March 2, 2021. This session will feature accommodations designed to limit exposures to COVID-19. This includes most public testimony being presented by video stream from an offsite location in downtown Tallahassee. From an insurance perspective, the session will include substantial discussion about the auto and property […]
Repealing Florida’s no-fault (PIP) auto insurance system again will command legislative attention in the 2020 legislative session. Although 2020 once seemed so far away, the legislature already is having committee meetings in anticipation of the session’s January start. Florida’s Personal Injury Protection (PIP) system has drawn significant criticism in recent years. The legislature has tried to […]
A Senate committee has advanced SB 1052 on a 5-3 vote. The bill is one of two proposals pending in the Senate that would replace Florida’s no-fault (PIP) auto insurance system with mandatory bodily injury coverage. The other Senate bill has not been heard in committee. Perhaps more importantly, the Florida House also has not […]
The holidays are only recently behind us as this year’s legislative session gets underway. Insurance-related issues might not be as prominent from a statewide perspective as in some prior years— some pre-session lists didn’t include insurance topics among the top five or ten issues to be addressed. Nonetheless, for members of the industry, the session […]
As the Florida legislature enters the final few weeks of the 2017 regular session, several important insurance issues remain unresolved. One of the most prominent insurance issues in need of a legislative solution is the “assignment of benefits” issue. Insurance Commissioner David Altmaier, Citizens Property Insurance Corporation chief executive officer Barry Gilway, and a number […]
Each year seems to go by quickly, and the holidays always seem too short. The ball has barely dropped in Times Square before we are back to work thinking about what is in store for the next year. If it seems like this is taking place faster than usual in 2016, it is not our […]
