The American Insurance Association recently reported that theFlorida House and Senate have approved legislation to restructurethe state's no-fault auto law, which comes in addition to theapproval of several other reforms that are supposed to help cutmedical costs, reduce litigation, and diminish fraud in thepersonal injury protection system.
|The Insurance Information Institute reported that in Florida'scase, payments for medical care under the personal injuryprotection part of the policy can only be made when ordered orprescribed by authorized medical care providers. The tort liabilitysystem will apply to claims filed during this time, unless allclaimants have no-fault policies that are still in effect.
|The changeover to the new no-fault system will happen in asingle action, and auto owners are not required to have PIPcoverage during the time between the lapse of the old law and thestart date of the new law.
|According to the American Insurance Association, as of Jan. 1,2008, all drivers in the state will be required to have nofault/PIP coverage and insurers will be able to use the rates andforms for PIP coverage that were in effect as of Sept. 30, 2007,without making a new filing.
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