The Florida Supreme Court has announced that it will not hear an appeal relating to the 2012 revisions to Florida’s Personal Injury Protection law. This means the reforms remain in effect. The reforms have been taken into account in insurers’ rate filings, so the Supreme Court’s decision keeps the legal reforms in line with the […]
The Office of Insurance Regulation announced that rates for personal injury protection (PIP) coverage are projected to drop by an average of 13.2 percent. This analysis is based upon on a review of the rates of 20 insurers that comprise a majority of Florida market. It is important to note that PIP coverage makes up only a […]
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 […]
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 […]
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 […]