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States finding no fault insurance has its faults
The Associated Press outlines no fault insurance across states eight years after its start in Massachusetts. Nevada became the first to repeal it with a six year old law, while 15 states retain some form. Proponents celebrate quicker payments but critics cite higher costs and insufficient savings. Florida Hawaii Minnesota Utah Georgia and others report mixed results as lawmakers debate thresholds and premiums.
MENTIONED IN THIS ARTICLE
Malcolm N. Carter
Associated Press
Massachusetts
Nevada
Lynn Sutcliffe
Senate Commerce Committee
New Jersey
Leslie Cheek
Crum & Forster Insurance Cos
All-Industry Research Advisory Committee
Sutcliffe
Capitol Hill
Department of Transportation
Association of Trial Lawyers of America
Association
Michael Colley
Colley
John Reid
American Insurance Association
Donald Segraves
The
Alliance of American Insurers
New York
Albert Lewis
Michigan
Hawaii
Utah
Florida
Minnesota
Kansas
Georgia
North Dakota
Colorado
Kentucky
Connecticut
Pennsylvania
Segraves
Mel Summerhays
Insurace Department