Bill That Could Prohibit Insurers from Owning Interests in Body Shops
Passes Committee; Transmitted to Assembly
The Nevada Assembly's transportation committee has recommended that the Assembly pass a bill that would prohibit insurers from owning or acquiring interests in body shops. A public hearing recently was held on the topic, and the bill will now move to the full Assembly for review.
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 by the Assembly and Senate and approved by the state's governor, it will take affect on July 1.
Manendo had not responded to requests for comment at press time.
HERE for full text of Nevada AB 297 2009.
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