Fla. Gov., CFO Praise Legislators’ Work on Reforming No-Fault Law

October 5, 2007

After months of negotiations, the Florida Senate and House of Representatives today passed legislation to reform Florida’s 30-year-old Motor Vehicle No-Fault Law.

Florida’s Chief Financial Officer Alex Sink officially thanked “our hardworking legislators” for reforming and reinstating Florida’s No-Fault Law.

“I applaud Senator Posey, Representative Bogdanoff and our Legislative leaders for their success in developing a reform bill that protects Florida drivers, institutes cost controls and will help us better combat insurance fraud,” Sink said in a written statement. “Additionally, I encourage all Florida drivers to contact their insurance agents to ensure they have adequate insurance coverage to protect themselves and their assets before the new law goes into effect on January 1, 2008.”

Gov. Charlie Crist said, “I applaud the great leaders of the Florida Legislature for serving the best interests of the people and reforming personal injury protection. By taking action on Florida’s no-fault law and personal injury protection requirements, we ensure that Florida’s drivers continue to be protected while also reducing the possibility of fraud.

“I want to thank Senate President Ken Pruitt and House Speaker Marco Rubio, and especially Senator Bill Posey and Representative Ellyn Bogdanoff, who have worked tirelessly to find common ground on this important issue.”

Sources: Florida Department of Financial Services
Office of the Governor of Florida

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