February 21, 2012
Great reading and all of the people involved who have been Fraudulent. If you know anything about this, please contact the authorities and CFO Jeff Aytwater’s office in Tallahassee. Please call L & S Insurance for all of your Auto, Home, Flood, Business & COmmercial, and Life Insurance as well. monthly PIP fraud news letter from your partners at www.1ststate.net
http://www.myfloridacfo.com/fraud/Newsletters/PIPSource/PIPSource_Feb2012.pdf
February 20, 2012
The House and Senate versions are so far apart and lots of money is coming in from the Chiropractors, Lawyer’s, MD’s and other’s to help de rail the bill. The current system has so much Fraud in it that reform is so Important, but we will see how much money comes in. The larger the cash funds to campaign Contributions, the less likely for anything to happen as our legislators in Tallahassee may still let it go and perhaps do some band Aids to make a few people happy. My Guess is that Car Insurance in Fort Lauderdale and all over Florida will continue to rise because of all the Fraud and other issues. Please enjoy the full article below and please call L & S for all of your Home, Auto, Flood, Business & Commercial and even Life Insurance quotes as well.
http://www.sun-sentinel.com/fl-why-cant-lawmakers-solve-pip-20120219,0,2512325.story
February 9, 2012
Kevin McCarty, Governor Rick Scott and CFO Jeff Atwater all want this to happen. They will not endorse a House or Senate bill yet, but the 2 versions are ready for debate and very differant from each other. The one thing that does hold true is that everyone feels reform is not only necessary, but it will happen in this session.If we do nothing car Insurance rates in Fort Lauderdale, and all over Florida will be much higher and will continue to rise because of all the Fraud. No Legislator in Tallahasee wants this to happen so a bill will come out of this, but no one knows which one. The Senate version is favored by the Lawyers and Chiropractors and the House version is not so you can make up your own mind as If I could convince you otherwise. Please call L & S Insurance for all of your Home, Auto,CarInsurance, Flood,Business & Commercial and even Life Insurance as well. Please read the full article below;
http://www.insurancejournal.com/news/southeast/2012/02/09/234810.htm
January 26, 2012
In a good article by Julie Patel of the Fort Lauderdale Sun Sentinal, the bill that is now in the Senate version is also being slammed by the CAN.They say that a Primary MD is excluded from the bill which puts the onus on the ER Md’s and going to the ER is already crazy and takes hours. This could also shift the cost of care from the Autopolicy to the Health Insurance policy which will benefit the Auto Insurance carriers and their profits.This will be interesting to see the final bill if the Legislators in Tallahassee can actually agree on doing something this session. PIP Fraud is real and is a huge problem, but Tallahassee and the Insurance commissioner have dodged this bullet for many years. Governor Rick Scott wants change and I think we all agree that change is a must, so we shall see. Please read both articles below and please call L & S Insurance for all of your Home, Auto, Flood, Business & Commercial, and even Life Insurance policies.
http://www.sun-sentinel.com/business/os-pip-governor-20120126,0,3388335.story
January 23, 2012
The House version was not well liked by many as 72 hours to report a claim was cutting it close. The Senate version seems to be a better version and more likely to pass. Our Florida Legislators in Tall. are busy doing some Insurance bills even if they avoid the citizens Insurance bill which they know would confirm a huge rate hike being necessary, but this is not a good year for it because of elections.If big change is not made Car Insurance rates will be on the rise as well significantly for the next 3 years or more. PIP Fraud is running rampant w/ more claims then people that visit clinics and more victims in an accident because the police report(If any) does not say how many were in the car. All this and more to come soon,so enjoy the article and please call L & S Insurance for all of your Home,Auto, Flood, Business & Commercial, and even life Insurance quotes.
http://www.sun-sentinel.com/business/fl-pip-qa-20120120,0,3038530.story
January 12, 2012
Good news for Auto Insurance rates by next year, but it needs to pas to clean up the mess we have.Please read the article in the Fort Laud. Sun Sentianl.Let’s hope the Lawmakers in Tall. do not take the money from the Lawyers who will try to say the system is fine.That means bribes to the campaign funds. Please call L & S Insurance for Auto, Home, Flood, Business & Commercial and even Life Insurance.
http://www.sun-sentinel.com/business/os-pip-reforms-advanced-20120111,0,6605397.story
January 9, 2012
How about 19K for massage Tharapy, only 17 clients in and Hundreds reported and actually filed against Insurance companies, owners of these clinics never there ect….No wonder Car Insurance rates are on the rise in Dade, Fort Lauderdale and all over Florida and our system needs to be revamped. These companies pretending to be lawyers, but are only a referral service because Lawyers are not allowed to advertise and that is the real twist?? In any event, please read the full article below and please call L & S Insurance for all of your Home, Auto, Flood, Business & Commercial and even Life Insurance quotes.
http://www.insurancejournal.com/news/southeast/2012/01/08/230307.htm
November 1, 2011
PIP Fraud is definitlely on the front Burner in Tallahasse as Legislators get the whole story from The Consumer Advocate Robin Wescott. The Insurance companies will have to fork over the info they have, but it is estimated that the Insurance companies have lost at least 1/2 a billion dollars in the last 2 years and that number is likely to get bigger.What we have here is a system that needs to be revamped, but in the meantime while redistricting goes on, rates will have to increase in Fort lauderdale and all over Florida. Please read the story by Julie Patel of the Fort lauderdale Sun Sentinal in her continuing story about Pip Fraud going wild in Florida. Please call L & S Insurance for al of your Home, Auto,Flood, Business & Commercial and even Life Insurance quotes as well.
October 20, 2011
Please read about what the state of Florida is doing to be proactive about PIP fraud. This will cost all of us more money for Car Insurance so watch out as many have been arrested already.Please read the article put out by our new CFO Jeff Atwater and see how this affects Fort Lauderdale and all of Florida as well. Call L & S for auto quotes and ask for Bruce or his asst.
http://www.myfloridacfo.com/fraud/Newsletters/PIPSource/PIPSourceOct11.pdf
