The last day of the latest Florida legislative session (March 9) saw the passage of a measure to help bring reform to the state's auto-insurance system.

The insurance industry and others praised the approval of a bill to fix what the industry has called a significantly broken auto-insurance system plagued by abuse and fraud, which costs Sunshine State residents $1 billion annually.

The no-fault, personal-injury protection (PIP) reform bill easily made it through the state House—but only narrowly passed through the Senate, 22-17.

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