An Oct. 1 expiration of Florida's no-fault auto insurance law now seems assured following a scheduling move Wednesday by the state's legislative leadership, according to an insurance trade group.

The comments of the American Insurance Association followed a letter from State Senate President Ken Pruitt, R-Port St. Lucie, and Assembly Speaker Marco Rubio, R-Miami, announcing that a special session to deal with the Florida state budget, originally targeted for Sept. 18, would not be held.

Groups urging that an extension or some substitute for no-fault be enacted have been asking the legislature to act on this issue Sept. 18.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

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