Lawsuit Filed Over New PIP Law; Auto Insurance Rates Not Decreasing
A group of chiropractors, massage therapists, and acupuncturists have filed the first of numerous anticipated lawsuits over Florida’s recently overhauled personal injury protection (PIP) law. Nearly eight months after the PIP law passed, auto insurers have not yet reduced any premiums. In fact, State Farm recently proposed increasing the PIP portion of its insurance by 22 percent, but it is willing to settle for a mere 7.9 percent increase.