Florida CFO Jeff Atwater Highlights Need for PIP Auto Insurance Reform On The Florida Chamber’s Bottom Line
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CONTACT: Edie Ousley, 850-521-1231
eousley@flchamber.com
TALLAHASSEE (February 3, 2012) - Improving Florida’s business climate through meaningful reforms to the state’s PIP auto insurance system is a leading priority for the Florida Chamber of Commerce. Florida’s no-fault law and its accompanying mandatory PIP insurance system are a billion dollar problem affecting consumers and businesses.
In the latest edition of The Florida Chamber’s Bottom Line, Florida Chief Financial Officer Jeff Atwater explains how the state’s auto insurance system has been infiltrated by a circling pool of vicious sharks looking to make their millions off the backs of consumers. In the brief video, CFO Atwater discusses the need for taking decisive action to drive down costs to protect Florida insurance consumers from being preyed upon.
“Florida’s no-fault auto insurance system holds the embarrassing No. 1 ranking for PIP fraud and abuse and is in need of meaningful reform,” said David Hart, Executive Vice President of the Florida Chamber of Commerce. “Businesses and Florida drivers are eager for solutions that lower rates through serious reforms that rid the system of bad actors and trial lawyers who target the PIP system and drive up the costs of auto insurance on everyone else.”
The Florida Chamber’s Bottom Line is a weekly web-based program featuring key figures from Florida’s corridors of power. View this brief five-minute program by clicking here.
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Established in 1916 as Florida’s first statewide business advocacy organization, the Florida Chamber of Commerce is the state’s largest federation of employers, chambers of commerce and associations aggressively representing small and large businesses from every industry and every region. The Florida Chamber works within all branches of government to affect those changes set forth in the annual Florida Business Agenda, and which are seen as critical to secure Florida’s future. The Florida Chamber works closely with its Florida Political Operations and the Florida Chamber Foundation. Visit www.FloridaChamber.com for more information.
