FraudSpotters

Florida is about to abolish PIP, and amazingly replace it with something worse!

Florida house and senate set to pass bill which likely increases fraud in auto insurance – FraudSpotters Posted on April 28, 2021April 28, 2021 by Ben TurnerFlorida house and senate set to pass bill which likely increases fraud in auto insurance Florida is about to change its auto insurance laws; this will likely make fraud go up! The State of Florida is poised to change its auto insurance laws via Sen...

Florida Legislature: House moves closer to passing plan to repeal PIP

This despite actuaries telling them it will increase rates.

https://www.news-journalonline.com/story/news/state/2021/04/20/florida-house-moves-closer-passing-plan-repeal-no-fault-auto-insurance-system-politics-legislature/7299787002/

PIP Fraud is a serious issue: https://www.fraudspotters.com/coverages-targeted/pip-fraud/

But so is BI fraud:

https://www.fraudspotters.com/coverages-targeted/bodily-injury/

Florida Legislature: House moves closer to passing plan to repeal no-fault system A proposal to end the state’s no-fault auto insurance system got a boost Monday as the House took up most of a plan that the Senate passed last week.

I only post this here because it is amusing. 1st) check out the guy's sweater in the picture, and 2) put the situation in context.

" Garrett Smith, had been accused [that he] hit a parked car after leaving a bar on Christmas Day. The mayor fled the scene but allegedly left a trail of auto fluids from the bar to the garage at his home."

"Prosecutors claimed that Smith later moved his car into the street and filed a claim with his insurance company after claiming a snowplow hit his vehicle."

"Holley made insurance fraud a top issue in his 2011 campaign for mayor of Roselle."

"Holley defeated Smith in the Democratic primary by a 49%-29% margin. Smith was sentenced to 90 days in prison after a 2015 plea agreement."

"Christian Veliz has now entered the race for the Democratic nomination for State Assembly in the 20th district on a slate led by Jamel Holley."

"Veliz had let his automobile insurance policy lapse for non-payment at 12:01 AM on November 28, 2019 and was involved in an accident on November 29 at 12:31 PM. One hour later, he reinstated his policy was the Progressive Insurance Company after attesting that he was not involved in any accident or loss during the period he had no insurance.

"In a consent order with the state Department of Banking and Insurance in December 2020, Veliz conceded a violation of the New Jersey Insurance Fraud Prevention Act and agreed to pay a $2,625 civil administrative penalty and surcharge. The order Veliz signed acknowledged that this would be considered his first offense.". the whole story is amusing to me. :)

Holley running mate admitted to insurance fraud three months ago - New Jersey Globe Just three months after admitting to insurance fraud, Christian Veliz has now entered the race for the Democratic nomination for State Assembly in the