"In Florida, approximately 40 percent of drivers carry minimum limits. Skyrocketing costs could have also resulted in coverage becoming unaffordable for many, leading to more uninsured drivers on Florida's roads," said APCIA's Logan McFaddin, assistant vice president of state government relations. (Credit: PongMoji/Shutterstock)

Florida Gov. Ron DeSantis has vetoed a bill that would have repealed the state's no-fault auto insurance rules. If signed, the law would have required bodily injury liability coverage with limits of $25,000 per claimant and $50,000 per occurrence.

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.

Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]