Issues

Insurance

ASA Supports H.R. 30, the Save American Workers Act of 2015

On January 8, 2015, ASA joined with several other associations in a letter to House Speaker John Boehner and Minority Leader Nancy Pelosi, urging them to support H.R. 30, the Save American Workers Act of 2015. If implemented, this legislation would repeal the Patient Protection and Affordable Care Act’s (ACA) 30-hour per week full-time employee definition and replace it with a 40-hour per week full-time employee definition. To see the full text of the letter, please click here.

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Insurance Data Protection Act

 The Housing and Insurance Subcommittee of the U.S. House Financial Services Committee held a hearing on May 20, 2014, to discuss proposals to reform domestic insurance policy. Included in the hearing agenda was the Insurance Data Protection Act, Rep. Steve Stiver’s (R-Ohio) bill to modify the authority of the Federal Insurance Office and the Office of Financial Research to subpoena data from insurance companies.

Under this legislation, federal entities and state regulators must maintain the confidentiality of nonpublic data obtained from or shared with other federal and state regulators.

To see the full text of the bill, please click here: Insurance Data Protection Act.

U.S. House Committee Examines FIO Modernization Report

WASHINGTON, D.C., Feb. 6, 2014 – The U.S. House of Representatives Committee on Financial Services’ Subcommittee on Housing and Insurance held a hearing on “The Federal Insurance Office’s Report on Modernizing Insurance Regulation.” The report was released in December 2013. The U.S. Department of Treasury’s Federal Insurance Office (FIO) was established as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

To read the full release, click here.

For the archived subcommittee hearing, click here.

U.S. Department of the Treasury Releases Overdue Federal Insurance Office Insurance Modernization Report

WASHINGTON, D.C., Dec. 12, 2013 – The U.S. Department of the Treasury’s Federal Insurance Office (FIO), today, released their long-awaited report on how to modernize and improve the system of insurance regulation in the United States.

The report was mandated as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act.  The report was originally due in January 2012.  The Congress wanted the Department of Treasury’s FIO to review federal versus state regulation of insurance.

http://www.takingthehill.com/wp-admin/post.php?post=1455&action=edit&message=1

ASA Asks State Officials to Review State Farm’s Mandatory Parts Procurement Program

Attorneys General, Insurance Regulators Should Review Consumer, Small Business Impact

WASHINGTON, D.C., Oct. 1, 2013 – The Automotive Service Association (ASA) has sent letters to state insurance regulators and state attorneys general regarding State Farm’s nationwide rollout of changes in its direct repair program, “Select Service.” The letter requests that state regulators review State Farm’s mandate to use the PartsTrader LLC parts procurement program to determine if it violates state law.

Under the rollout, which will be completed by 2014, State Farm will mandate that shops participating in its Select Service program use PartsTrader’s software to electronically order parts.

ASA’s position did not come without much input and forethought. ASA contacted State Farm and PartsTrader after the pilot program was made public, expressing members’ concerns with the program. ASA dispatched a team of collision repair leaders to State Farm’s headquarters to discuss the pilot, the impact of the program on collision repairers and any expanded program rollouts.

Dan Risley, ASA executive director, states in the letter:

“We believe this mandatory parts procurement program stifles competition and harms both the consumer and the small businessperson.”

State Farm’s mandate has the potential to impact repairers in the following ways:

•   Limit a repairer’s right to choose the parts vendors from whom they purchase parts;

•   Limit a repairer’s right to choose an electronic parts ordering vendor;

•   Increase the number of days to repair the customer’s vehicle;

•   Increase the indirect costs to the consumer;

•   Increase the repair facility’s administrative time;

•   Negatively impact the repair facility’s profitability;

•   Reduce local automotive parts sales, negatively impacting local economies.

To view the full text of the letter, visit ASA’s legislative website at www.TakingTheHill.com.

The Automotive Service Association is the largest not-for-profit trade association of its kind dedicated to and governed by independent automotive service and repair professionals. ASA serves an international membership base that includes numerous affiliate, state and chapter groups from both the mechanical and collision repair segments of the automotive service industry.

ASA advances professionalism and excellence in the automotive repair industry through education, representation and member services. For additional information about ASA, including past news releases, go to www.ASAshop.org, or visit ASA’s legislative website at www.TakingTheHill.com.


Contact: Kaitlyn Dwyer
(202) 543-1440
km.dwyer@att.net
For Release: Immediate
News Bulletin 13.31


 

Click here to view the Letter to State Attorneys General and Insurance Commissioners

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