The new laws start 7/1, but will we really save money as was projected. I personally do not believe it will happen and our CFO Jeff Atwater in Tallahassee  says we will have to wait 12-24 months to see. There will be some changes that will definitely help reduce some fraud, but the changes were so minor and  Fraudulent people are very clever so my guess is not much will get better. To see real price reductions we need real change and this bill did not even come close by my perceptions.The deadline for rate reductions are 10/1/2012 and then not till 2014. The first date will probably be rejected by the Insurance companies because the bill just starts 7/1/2012 and no savings can be realized that quickly so in 2014 we will see. This article was sent to us by our friends at First State Insurance  w/ The Sun Sentinal  and please read all the details below. Please call L & S at  1-888-244-7400 for quotes on Auto and Car Insurance, Home, Flood, Business & Commercial, and even Life Insurance as well.

Thx,

http://www.sun-sentinel.com/business/fl-atwater-focusing-on-pip-reforms-20120624,0,6142131.story