Friday, August 10, 2007

Lawsuits will abound with the end of PIP insurance

State CFO Alex Sink said that if no-fault car insurance goes away, "mass confusion" might not be far behind. 

''We're going to a tort system. You will be subject to more lawsuits,'' said Alex Sink. 'It may be the lawyers' employment security act.''
Sink, whose office oversees insurance, wouldn't say what system she would favor, but she said she's preparing for the Legislature to do nothing about the fact that no-fault Personal Injury Protection is about to lapse Oct. 1.
Story here

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