http://www.theamericanconsumer.org/2012/04/20/tallahassee-democrat-what-goes-up-must-come-down/ Fri, 10 May 2013 23:33:35 +0000 hourly 1 http://www.theamericanconsumer.org/2012/04/20/tallahassee-democrat-what-goes-up-must-come-down/#comment-5846 The American Consumer Institute - » Insurance is Founded on Actuarial, not Magical Thinking Tue, 02 Oct 2012 12:29:09 +0000 http://www.theamericanconsumer.org/?p=4159#comment-5846 [...] opposition.  Fortunately for consumers, there was plenty of legislative energy and revulsion over fraud-riddled scams following automobile crashes that created Florida’s “best in the nation” reputation for staged crashes. That fraudulent [...] [...] opposition.  Fortunately for consumers, there was plenty of legislative energy and revulsion over fraud-riddled scams following automobile crashes that created Florida’s “best in the nation” reputation for staged crashes. That fraudulent [...]

]]> http://www.theamericanconsumer.org/2012/04/20/tallahassee-democrat-what-goes-up-must-come-down/#comment-5686 Senate Passes Bills To Combat Auto Insurance Fraud Fri, 20 Apr 2012 18:36:37 +0000 http://www.theamericanconsumer.org/?p=4159#comment-5686 [...] On March 9, 2012, a bill was passed in the Florida House and Senate to reform PIP and reduce fraud.  The bill is intended to rein in the cottage industry of trial attorneys and corrupt medical clinics, and create new fraud-fighting tools and reduce costs, while passing the cost-savings along to consumers in the form of lower rates.  In fact, the legislation prescribes that PIP insurers make rate reductions of 10% by October 1, 2012 and 25% by January 1, 2014, or provide a detailed explanation if insurers fail to provide these full reductions.Source: theamericanconsumer.org [...] [...] On March 9, 2012, a bill was passed in the Florida House and Senate to reform PIP and reduce fraud.  The bill is intended to rein in the cottage industry of trial attorneys and corrupt medical clinics, and create new fraud-fighting tools and reduce costs, while passing the cost-savings along to consumers in the form of lower rates.  In fact, the legislation prescribes that PIP insurers make rate reductions of 10% by October 1, 2012 and 25% by January 1, 2014, or provide a detailed explanation if insurers fail to provide these full reductions.Source: theamericanconsumer.org [...]

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