Bill requires auto insurance policies to have appraisal provision to resolve disputes. Washington State Senate Bill 5721 (SB 5721), which passed its final legislative hurdle on April 22, requires all automobile insurance policies that include first-party physical damage coverage to include an appraisal provision to help resolve disputes between insurers and policyholders regarding vehicle damage […]
Rhode Island Legislature Passes Bill Updating Unfair Claims Practices Act
Requires insurers to pay for documented OEM and paint manufacturer procedures, adds independent appraisal provision to settle disputed loss amounts. Clarifies direction to pay requirements for auto rentals. The Rhode Island legislature passed a bill June 16 that amends several sections of the Rhode Island Unfair Claims Practices Act to address items such as payment […]