‘Lying Through Their Teeth’: How PIP Repeal Died In The Florida Senate

A room full of industry lobbyists and Florida’s insurance commissioner converged to defend the state’s no-fault car insurance system against a repeal effort in the state Senate, leaving the state among a few keeping a no-fault plan and its drivers paying among the top six average U.S. premiums. One legislator asked if rates would go up 71 percent in Broward County after repeal. Florida Insurance Commissioner David Altmaier called that a “reasonable assessment.” A lobbyist representing major insurers assured senators “everyone” studying the issue concluded repeal would push rates up in Florida, never mind records of rate reductions in states that dropped no-fault plans including Colorado, Georgia and Connecticut.