PIP Fraud Cut in Half- (Says Big Insurance)
Big insurance companies love the new PIP law. Newspapers are reporting that “questionable claims” are down by 50%. Where did this data come from? Who keeps these statistics? Obviously the insurance companies are happy with the EMC/$2,500 cap on treatment and are making big bucks by denying their insureds treatment after auto accidents. This is how insurance companies are letting Legislators know they like the changes that Rick Scott gave them and took from Florida consumers.
Oh and did I mention that this “data” was compiled by big auto insurance companies? It’s all generated by the Property Casualty Insurers Association and the Personal Insurance Federation of Florida (ie big auto insurance companies). These two groups were created to sway the public opinion on PIP and auto accidents.