CFO of Fla. may support replacement of no-fault auto insurance

10/16/2013 | American City Business Journals

Jeff Atwater, Florida's chief financial officer, still supports recent changes to the no-fault auto insurance system but might call for scrapping the system if an appeals court rules against the changes, said Atwater spokesman Chris Cate. "If these cost cutting reforms -- intended to lower consumers premiums -- are thrown out by the courts, the CFO would be interested in preparing a replacement coverage for Florida drivers to ensure that their household budgets are not again crippled by soaring [personal-injury-protection] premiums," Cate wrote in an e-mail.

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