jump to main menu jump to subject menu jump to content jump to footer
Press Release print image

Press Release

Office Statement from Florida Insurance Commissioner on Signing of HB 119 (PIP) Bill
Friday, May 04, 2012
Contact Info:
Jack McDermott Amy Bogner
850 413-2515 850 413-2515
Jack.McDermott@floir.com Amy.Bogner@floir.com
The passage of HB 119, signed by Gov. Scott today, was due to a collaborative effort involving businesses, consumers, law enforcement and public officials who together identified that PIP fraud was directly contributing to auto insurance rate increases. The Office issued a data call and shared its results and findings with the Governor and Cabinet, which ultimately resulted in the bill signing today. With the signing of HB 119, everyone involved in this process should share the credit in bringing this bill to fruition.  A timeline of significant events that contributed to the passage of this important legislation is below.
 
Timeline of Important Events:
 
January 13, 2011 – Office issues PIP data call to the industry
April 11, 2011 – Office issues: Report on Review of the 2011 PIP Data Call
January, 2012 – Representative Boyd (HB 119) and Senator Negron (SB 1860) file bills involving PIP Reform
January 24, 2012 – PIP Rally at the Capital featuring Gov. Scott, CFO Atwater, Commissioner McCarty and others
January 27, 2012 – Commissioner McCarty Issues Letter-to-the-Editor "Getting Back to Basics: Fixing the PIP Problem." 
February 7, 2012 – Put the Brakes on Accident Fraud Media Availability
March 2, 2012Office Releases Preliminary 2011 Financial PIP Data
March 8, 2012PIP Press Conference in Governor’s Office --- Gov. Scott, CFO Atwater, and Commissioner McCarty take questions from the press
Who:
What:
When:
Where:
Contact Info:
Jack McDermott Amy Bogner
850 413-2515 850 413-2515
Jack.McDermott@floir.com Amy.Bogner@floir.com

About the Florida Office of Insurance Regulation
The Florida Office of Insurance Regulation (Office) has primary responsibility for regulation, compliance and enforcement of statutes related to the business of insurance and the monitoring of industry markets. For more information about the Office, please visit www.floir.com or follow us on Twitter @FLOIR_comm.

 

###