Bill Could Prohibit Insurers from Owning Interests in Body Shops
The Nevada Assembly's transportation committee currently is reviewing a bill that would prohibit insurers from owning or acquiring interests in body shops. In addition, if passed, the law would specify the circumstances in which an insurer might use a favored facility agreement, and, in these cases, would require the insurer to post a specific notice in each body shop tied to the insurer.
The bill was introduced on March 11 by Assemblyman Mark Manendo. If passed, it would take affect on July 1. A hearing will be held at 1:30 p.m. Pacific Standard Time in Room 3143 of the Assembly Building.
Manendo was not available for comment at press time.
The hearing also will be broadcasted here via the web.
HERE for full text of Nevada AB 297 2009.
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