NU Online News Service, Aug. 17, 1:21 p.m. EST

PIP Rate Increases in FloridaFlorida Insurance Commissioner Kevin McCarty gives a bleak outlook of the state's out-of-control personal injury protection (PIP) insurance system.

Benefits paid on no-fault PIP claims has skyrocketed 70 percent since 2008 though the amount of licensed Florida drivers has remained steady and the amount of accidents has decreased.

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