Search
 

Industry: Fla. High Court PIP Ruling To Create 'Tsunami Of Litigation'

Industry trade associations have joined together in filing a "friend of the court" brief with the Florida Supreme Court in support of United Automobile Insurance Company's request

By Chad Hemenway | Updated on December 14, 2010

NU Online News Service, Dec. 15, 3:43 p.m. EST

Industry trade associations have joined together in filing a “friend of the court” brief with the Florida Supreme Court in support of United Automobile Insurance Company’s request for a rehearing in a case involving personal injury protection automobile coverage.

An opinion from the state’s highest court earlier this year has dire consequences, the industry groups contended. The opinion is “likely to raise automobile insurance premiums, diminish benefits, place more uninsured drivers on our roads, generate a substantial increase in litigation, force PIP carriers out of Florida and may ultimately result in the breakdown of the PIP system in Florida,” according to the brief filed by the Florida Property & Casualty Association, Florida Insurance Council, Property Casualty Insurers Association of America, National Association of Mutual Insurance Companies, National Insurance Crime Bureau and others.

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.