A slew of measures in a new law aimed at reducing Florida’s no-fault, or personal injury protection (PIP) insurance, returned mixed results Monday, the final day for auto insurers to file for new rates in 2013.
The Office of Insurance Regulation received more than 100 filings, most of them within the past 10 days. The office has approved eight new rates – four with increases in PIP premium, three with decreases, and one new rate for United States Liability Insurance Co., which had no prior PIP rate.
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