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Personal injury claims on the rise


A report on was released on Monday by the state’s insurance regulators that shows a spike in personal injury protection payments and claims. Central Florida saw the second-highest rate of claims in the state last year.

For policyholders injured in auto accidents, no matter which driver is at fault, Personal injury protection insurance pays medical bills. Florida law requires drivers to carry at least $10,000 in coverage. The protection is intended to protect Florida residents who don’t have health insurance and to avoid lawsuits and costs for minor injuries.

But the insurance mandate has been dogged by allegations of fraud by insurers, and a bevy of bills have been introduced during this legislative session to fix the perceived problem. Most of the bills aim to make it more difficult for attorneys who represent policyholders to charge big fees for their service and for policyholders and health care providers to file claims.

There has been a rise in Central Florida’s personal injury protection claims by almost 10,000 from 2007 to 2010, without including numbers from Volusia or Flagler counties, though. Instead, the bulk of this area’s action is in the Orlando area. South Florida has the biggest problem in the state.

Since 2006Across the state, the number of insurance claims closed with payment increased 56 percent.

The Office of Insurance Regulation’s report did not say what the average premium increase for policyholders is because of the suspected fraud.

 

A report on was released on Monday by the state’s insurance regulators that shows a spike in personal injury protection payments and claims. Central Florida saw the second-highest rate of claims in the state last year.

For policyholders injured in auto accidents, no matter which driver is at fault, Personal injury protection insurance pays medical bills. Florida law requires drivers to carry at least $10,000 in coverage. The protection is intended to protect Florida residents who don’t have health insurance and to avoid lawsuits and costs for minor injuries.

But the insurance mandate has been dogged by allegations of fraud by insurers, and a bevy of bills have been introduced during this legislative session to fix the perceived problem. Most of the bills aim to make it more difficult for attorneys who represent policyholders to charge big fees for their service and for policyholders and health care providers to file claims.

There has been a rise in Central Florida’s personal injury protection claims by almost 10,000 from 2007 to 2010, without including numbers from Volusia or Flagler counties, though. Instead, the bulk of this area’s action is in the Orlando area. South Florida has the biggest problem in the state.

Since 2006Across the state, the number of insurance claims closed with payment increased 56 percent.

The Office of Insurance Regulation’s report did not say what the average premium increase for policyholders is because of the suspected fraud.

 

 

No Win, No Fee policy is valid in all instances except in MIB and CICA claims.
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