Committee incorporates amendments to bill that seeks to offer insurers an alternative labor rate survey process to those in DOI regulations. Though the DOI does not have a position on the bill, it is concerned about amendments late in the legislative process. The California Senate Insurance Committee yesterday held a hearing on Assembly Bill 2276 […]
PCI Urges Rhode Island Governor to Veto OEM Collision Repair Parts and Procedures Bill
Insurance association opposes legislation it says will raise costs for auto physical damage coverage in 15th most profitable state for insurers. The Property Casualty Insurers Association of America (PCI) is encouraging Rhode Island Governor Raimondo to veto legislation that requires insurers to expand consumers’ ability to choose OEM parts to 48 months from current law […]
Rhode Island Legislature Passes Amended OEM Collision Repair Parts and Procedures Bills
Legislation that expands consumer choice requirement for insurers on OEM parts to 48 months now goes to Governor. In a flurry of activity on Friday and Saturday, the Rhode Island legislature passed legislation, Senate Bills 2679 and House Bill 8013, that would expand the state’s existing requirement that consumers be given the right to choose […]
Rhode Island House Passes Amended OEM Collision Repair Parts and Procedures Bill
House Bill 8013 proposes to amend the time limits for using aftermarket body parts and require insurance companies to pay for OEM procedures. Rhode Island House Bill 8013 (HB 8013), that proposes to expands the state’s existing requirement that insurers pay for OEM parts on claims for 30 months after a vehicle is manufactured to […]
ASA Asks Congress to Protect Federal Insurance Office’s Authority
The U.S. House of Representatives Committee on Financial Services passed a series of six bills designed to reduce federal regulations. The Automotive Service Association (ASA) reports that one of the bills, HR 3861, Federal Insurance Office Reform Act of 2017, introduced last year was part of the package approved by a vote of 36-21. ASA […]
California Assembly Approves Collision Repair Labor Rate Survey Bill
Legislation that seeks to revise labor rate survey regulations now goes to Senate. The California Assembly Appropriations Committee on May 31 approved Assembly Bill 2276 (AB 2276) that would revise collision repair labor survey regulations that came into effect last year. The legislation was approved by a vote of 75-0. The legislation, that had been […]
California Assembly Committee Approves Amended Collision Repair Labor Rate Survey Bill
Appropriations Committee approves amended legislation that would revise California Insurance Department regulations governing how auto insurer’s conduct labor rate surveys on collision repair work. The California Assembly Appropriations Committee on Friday amended and approved Assembly Bill 2276 (AB 2276) that would revise collision repair labor survey regulations that came into effect last year. The previous […]
Federal Insurance Office Survives Dodd-Frank Reform
ASA acknowledges U.S. Senate Banking Committee for saving FIO. The Automotive Service Association (ASA) made the establishment of the Federal Insurance Office (FIO) its top priority during Congress’ consideration of the Dodd-Frank Wall Street Reform and Consumer Protection Act in 2010. Despite significant opposition, FIO did become part of the Dodd-Frank Reform law. According to […]
Rhode Island Senate Unanimously Approves Legislation to Expand Non-OEM Collision Repair Parts Restrictions, OEM Procedures
Bill expands the time frame for consumers to require OEM parts to 48 months. The Rhode Island Senate approved Senate Bill 2679 (SB 2679) yesterday by a vote of 35-0 with two members not voting. SB 2679 expands the state’s existing requirement that insurers pay for OEM parts on claims for 30 months after a […]
California Bill Seeking to Overturn Collision Repair Labor Rate Survey Regulations Scheduled for Hearing May 16
California Assembly Bill 2276 (AB 2276), that seeks to modify collision repair labor survey regulations that came into effect last year, has been scheduled for a hearing before the Assembly Appropriations Committee on May 16. The legislation, similar to proposed legislation (AB 1679) that died in the Appropriations Committee earlier this year, was approved by the […]
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