News & Updates

PIP

PIP Filing Deadline Arrives

PIP Filing Deadline Arrives

Today marks the date auto insurers must submit their rate filings reflecting savings associated with reforms to Florida’s Personal Injury Protection (PIP) laws.  The legislature enacted a series of changes to Florida’s PIP laws based upon concerns that fraudulent and inflated claims were leading to unsustainable rate increases for the coverage.  The legislation also tasked […]

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OIR Releases Final PIP Report

OIR Releases Final PIP Report

The Florida Office of Insurance Regulation (OIR) has released the final version of the actuarial report of Pinnacle Actuarial Resources relating to the anticipated savings under 2012’s Personal Injury Protection (PIP) reform law.  The report estimates the indicates savings associated with HB 119 passed in this year’s legislative session.  Most of the provisions of the […]

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