.S. Representative David Kustoff (TN-08), a member of the House Financial Services Committee, introduced H.R. 3363, the Claims Licensing Advancement for Interstate Matters Act (CLAIM Act). The bill aims to help independent insurance adjusters file insurance claims more efficiently, ensuring consumers expeditiously receive the funds needed to repair and rebuild communities – particularly in times of disaster. The bill is co-sponsored by U.S. Representatives Bill Foster (D-IL), Ed Royce (R-CA), Steve Stivers (R-OH), Rod Blum (R-IA) and Phil Roe (R-TN). Read more here.
Maine LD 1540, a bill that would have required an insurer that recommends a particular collision repair facility to inform consumers they have a right to choose a facility was vetoed by Maine Governor Paul LePage on June 21. The Maine House of Representatives voted to overturn the Governor’s veto, but the effort to overturn the veto failed to secure enough votes in the Senate.
To see the full text of the bill, click here.
California Insurance Commissioner Dave Jones issued new Auto Collision Repair Labor Rate Survey Regulations that he said will increase consumer protections when a damaged vehicle is repaired.
The new regulation sets forth voluntary standards for insurers to accurately and reliably survey auto body repair labor rates to ensure they are paying the reasonable and proper amount. The regulation goes into effect on Jan. 1, 2017. However, these newly adopted regulations are part of the Fair Claims Settlement Practices Regulations, which contain a delayed compliance date in order to give insurers, who choose to use these voluntary regulations, additional time to comply. The earliest compliance date is Feb. 28, 2017.
To view the full text of the regulation, please click here.
The U.S. Department of the Treasury’s Federal Insurance Office (FIO) today announced the adoption of a methodology for monitoring the affordability of automobile insurance. Title V of the Dodd-Frank Wall Street Reform and Consumer Protection Act authorizes FIO to monitor the extent to which traditionally underserved communities and consumers, minorities, and low- and moderate-income persons have access to affordable insurance products regarding all lines of insurance other than health insurance. For more information, click here.
On May 13th, 2016, New York Assembly Member William Colton (D-47) introduced A 10157, a bill to incentivize the used of collision avoidance systems through a discount on insurance. Specifically, any schedule or rating plan for non-commercial private passenger automobile insurance will be required to provide for 10% reduction in premium charges for comprehensive coverage, personal injury protection and medical payment coverage with respect to any insured vehicle equipped with a collision avoidance system. To read the full text of the bill, click here.
On April 14, 2016, Pennsylvania’s Governor signed House Bill 1638 into law. This bill will allow an appraiser to prepare a repair estimate based on photographs, videos or telephonic means as well as in-person inspections. To see the full text of the final bill, please click here. To see ASA’s original letter of support, please click here.
New Hampshire Senate Bill (SB) 436, introduced by State Senator Nancy Stiles (R-24) requires an insurer to disclose whether or not an estimate has been prepared based on the use of aftermarket parts. The bill would also prohibit an insurer from requiring or specifying the use of aftermarket parts on certain leased vehicles, vehicles less than 2 years old, or vehicles with fewer than 30,000 miles.
The bill passed the Senate on March 3rd and is scheduled for a public hearing on March 29th.
In a letter to New Hampshire legislature, ASA stated, “We are writing today in support of Senate Bill 436. This legislation is good for consumers, good for shops and consistent with trends in other jurisdictions.” To view the full text of the letter, please click here.
On December 2nd, the Michigan Senate Insurance Committee held a hearing on Senate Bill 430, a bill to amend the insurance code to prohibit insurers from requiring automotive repairers to use a specific vendor or process to procure parts and other materials.
Automotive Service Association (ASA) President Dan Risley joined with ASA-Michigan President Ray Fisher to testify before the Insurance Committee in support of S.B.430.
To read Dan Risley’s full testimony, click here.
To read Ray Fisher’s full testimony, click here.
On July 1, Michigan State Sen. Joe Hune (R-22), chairman of the Senate Insurance Committee, introduced Senate Bill 430, a bill that amends the insurance code to prohibit insurers from requiring automotive repairers to use a specific vendor or process to procure parts and other materials. If enacted, this legislation would effectively end all such requirements in current direct-repair program agreements for Michigan shops.
During these webinars, small business owners will learn the basics of the Affordable Care Act as well as tips on how to navigate the health insurance marketplaces. For more information on how to register, please click here.