“The First District Court of Appeals dismissed the motion for a rehearing of its October 2013 ruling in which the Court reversed the injunction placed upon PIP reforms passed during the 2012 Florida Legislative Session in House Bill 119,” according to Donovan Brown, state government relations counsel for the Property Casualty Insurers Association of America (PCI).
Brown issued the following statement in response to the court’s decision.
“PCI and its member companies are pleased with today’s decision by the First District Court of Appeals to dismiss the request for a rehearing by those attempting to continue to make a living profiting off of PIP.
“In order for Florida to no longer be the No. 1 state in the nation for questionable auto claims, and stop the $1 billion fraud tax on Florida consumers, the PIP reforms passed by the Legislature must have time to be fully implemented.
“We are cautiously optimistic that once these reforms are fully implemented and have been given time to work, the fraud and abuse in Florida’s no-fault auto insurance system that so adversely impacts Floridians will subside, and Florida consumers may be provided with much needed relief once and for all.”
“PCI is composed of more than 1,000 member companies, representing the broadest cross-section of insurers of any national trade association. PCI members write over $190 billion in annual premium, 40 percent of the nation’s property casualty insurance. Member companies write 46 percent of the U.S. automobile insurance market, 32 percent of the homeowners market, 38 percent of the commercial property and liability market, and 41 percent of the private workers compensation market.”
Latest posts by BizPac Review (see all)
- Rand Paul fires right back at Marco Rubio; calls him the ‘I’ word - December 19, 2014
- Kim Jong-un powerful death scene from ‘The Interview’ has leaked, gone viral - December 19, 2014
- Wow, these guys know how to protect a border! - December 17, 2014