It has been five years since Florida lawmakers decided to insert a provision into the insurance code calling for Florida’s Motor Vehicle No-Fault law to sunset as of October 1, 2007, unless state lawmakers moved to reenact the coverage. Since that time, there has been little movement on the part of lawmakers, carriers, attorneys, or healthcare providers to reach an agreement on whether to keep the law intact or jettison it in favor of a return to the tort system. At this writing, more and more of the players are preparing to see the end of no-fault and face a new world on October 2.

“Everyday it is coming closer and closer to happening,” said William Stander, spokesperson for Property and Casualty Insurers Association of American. “I sincerely doubt that the legislature is going to come into special session if there is no solution in sight that is achievable.” Case in point, he said, is the decision by lawmakers not to pass a PIP bill this session, which would have given lawmakers the political cover needed to sidestep the issue while still having in hand a plan to show their constituents.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.