NU Online News Service, May 04, 2:49 p.m.EDT

Florida Gov. Rick Scott has signed what the industry is callingthe “most significant auto insurance law in decades.”

Scott signed HB 119, which aims to mend the state's brokenno-fault, personal injury protection (PIP) system—a system theinsurance industry for years has said is plagued by abuse andfraud, costing Floridians more than $1 billion annually.

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