Florida OIR Receives More Than 100 Filings on PIP Changes

Florida insurance regulators have announced they’ve received more than 100 filings from auto insurers doing business in the state and are expecting more by the close of business.

Monday is the deadline for insurers to give the Office of Insurance Regulation their rate filings after the Florida Legislature passed a bill earlier this year aimed at reducing fraud and litigation costs for Personal Injury Protection coverage. Those changes revised the medical fee schedule, limited the healthcare professionals who can treat injured motorists and limits the amount of PIP benefits that can be paid for non-emergency treatment.

The first of several suit against the new law are also starting to hit courtrooms around the state. The first suit was filed in late September on behalf of massage therapists, acupuncturists and chiropractors.