Approval of Fla. PIP bill is credit-positive for insurers, Moody's says

03/19/2012 | PropertyCasualty360

The passage of legislation to revamp Florida's no-fault auto insurance system is credit-positive for auto insurers, Moody's Investors Service says. The measure is expected to help curb rising personal-injury-protection premiums and claims costs in the state, the ratings firm says.

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