Florida Auto Insurance Costing Courts
Posted on January 25th, 2011
According to the article “Florida Lawmakers Seek to Reduce Costly Court Battles Over Auto Insurance” by Sally Kestin on OrlandoSentinel.com, Florida auto insurance lawsuits are out of control and need to be reined in. Florida auto insurance quotes are increasing and insurance regulators agree that pricey court battles are partly to blame.
Rep. Bryan Nelson believes something must be done soon. He says it’s critical they take a hard look at ways Florida can reduce costs over time. There is currently a proposal under consideration in Tallahassee which would limit the fees lawyers can collect when they win a personal injury protection suit. Fees can be upwards of $100,000 for disputes of just a few thousand according to the Sun Sentinel in Florida.
Sen. Ellyn Bogdanoff, a Fort Lauderdale Republican and a chief negotiator in legislation passed in ‘07 that revised the state of Florida’s no fault insurance system, says Personal Injury Protection has become a multibillion industry. She said the original purpose was to reduce suits, but it is actually increasing them causing serious financial stress on the state of Florida.
Similar Posts:
- Auto Insurance Quotes in Florida Questioned
- Dealing With Dui’s While Shopping For Free Online Auto Insurance Quotes
- Florida Auto Insurance Quotes: Bills Going Through
- Auto Insurance Rates Continue to Rise
- Letters: Claimants will lose out, not lawyers
Tags: Auto Insurance, Florida Auto, Florida Auto Insurance, Insurance
Filed under Car Insurance News |