The insurance industry remains divided over the merits of eitherreforming or abolishing Florida's no-fault auto insurancesystem.

Late last week, insurance committees in both the Senate andHouse approved moving the so-called “sunset date” to 2009 and 2012,respectively, from its currently set 2007.

The Property Casualty Insurers Association of Americarecommended maintenance of the system, but with certainreforms.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.