Statistics showing rising claims and fraud are an argument for allowing Florida's no-fault auto insurance law to expire as scheduled in 2007, a trade group said.
The National Association of Mutual Insurance Companies noted two recent studies by the Insurance Research Council and the National Insurance Crime Bureau as evidence of the problems with the Florida law, which it says show that claims costs are rising in the state along with the number of fraudulent activities.
The IRC earlier this month found that the average personal injury protection claims costs under the no-fault law rose 18 percent over a three-year period, reaching just under $10,000 in 2005.
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