GLG News by Property & Casualty Insurance Underwriters

Florida is considering dropping the PIP coverage as a required coverage since claims under this coverage have a large amount of fraud associated with them that prior legislation has failed to correct. Despite the fraud component, there are many people that do get treatment in accordance with the original...

1. The reaction of the masses when one monthly bill is no longer required. 2. The consequences of a state not holding those responsible for their negligence financially accountable for their actions.

1. Tell the insured what their new policy covers Point of Sale and remind them to read, file, and call the agent if there are any questions. Also schedule an Annual Policy Review to reiterate the coverages even if the insured has suffered no losses during the policy period. 2. Inform the insured of...