Auto insurers who worked to kill Florida's no-fault law are happy to
see Insurance Commissioner Kevin McCarty acknowledge the impending
death of PIP.
In a memorandum issued Monday, the commissioner advises Florida
insurance companies to warn customers of the Oct. 1 repeal of Personal
Injury Protection, the mandatory state coverage plan that paid medical
bills of accident victims no matter who caused a crash.
But McCarty's memo also brings up a lot of stuff not all insurers
want to talk about.
He recommends companies tell consumers "in a clear and unambiguous
manner" about the effects of the repeal. They include potential delays
in getting medical bills paid, while insurers deliberate over who to
blame, and unreimbursed losses for motorists who lack adequate coverage.
"The increased exposure to lawsuits with the repeal of tort exemption
should also be addressed," McCarty states.
And, he stresses, consumers should be told that any promises of rates
going down should also mention that the Legislature has until Oct. 1 to
amend the law and stop the repeal.