NU Online News Service, May 04, 2:49 p.m. EDT

Florida Gov. Rick Scott has signed what the industry is calling the “most significant auto insurance law in decades.”

Scott signed HB 119, which aims to mend the state's broken no-fault, personal injury protection (PIP) system—a system the insurance industry for years has said is plagued by abuse and fraud, costing Floridians more than $1 billion annually.

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