McCarty: Auto insurance rates dropping, too
Kevin McCarty, auto insurance, Personal Injury Protection, insurance commissioner, Florida Office of Insurance Regulation, Insurance Regulation
News & Updates
Personal Injury Protection
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 […]
PIP Reforms in Effect (Again)
The off-again, on-again Personal Injury Protection (PIP) reforms from 2012 are in effect again. The First District Court of Appeal ruled this week that the plaintiffs challenging the PIP reforms lack standing to question the new law’s constitutionality. Accordingly, the court reversed the effect of an earlier non-final order temporarily enjoining the Florida Office of […]
Lawmakers Re-examine Insurance Regulations
Florida Legislature, Personal Injury Protection, OIR, Insurance Regulation
Supreme Court Finds PIP Insurers Must Disclose Use of Medicare Schedule
On July 3, 2013, the Florida Supreme Court answered the following certified question relating to insurers’ efforts to limit medical reimbursements in Personal Injury Protection policies based on the Medicare fee schedules: WITH RESPECT TO PIP POLICIES ISSUED AFTER JANUARY 1, 2008, MAY AN INSURER LIMIT REIMBURSEMENTS BASED ON THE MEDICARE FEE SCHEDULES IDENTIFIED IN […]
PIP Decision Creates Uncertainty in Final Weeks of Session
Leading into the 2013 legislative session, the most prevalent question relating to Personal Injury Protection (PIP) coverage was whether insurers’ rate filings were meeting the levels of savings lawmakers anticipated. However, that changed when Circuit Judge Terry Lewis found that last year’s PIP reforms improperly limit the remedies available to injured persons. Although the state […]
Court blocks part of 2012 PIP overhaul
Kevin McCarty, Office of Insurance Regulation, auto insurance, PIP, Insurance Regulation News, Personal Injury Protection, Leon County Circuit Court
Gov. Scott says he’ll fight for Fla. PIP law
Kevin McCarty, Office of Insurance Regulation, auto insurance, PIP, Insurance Regulation News, Governor Rick Scott, Personal Injury Protection
2012 Saw its Share of Insurance Issues
By some standards, there were fewer blockbuster issues in the Florida insurance market in 2012 than in some prior years. After all, this was not a year in which the legislature needed to tackle workers’ compensation or medical malpractice reform, and efforts at bad faith reform stalled fairly early in the legislative session. Florida thankfully […]
OIR Releases Informational Memorandum on PIP Fee Schedule
The Office of Insurance Regulation (OIR) has released Informational Memorandum OIR-12-06M to all insurers writing motor vehicle insurance in Florida. The memorandum inteprets a provision of HB 119 on PIP reform providing that the applicable fee schedule is the Medicare fee schedule in effect on March 1 of the year in which services are rendered […]