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Collision industry members noted problems MFN clauses cause for shops, consumers and insurers.
Automotive Service Association (ASA) collision leaders traveled to Capitol Hill to meet with key members of Congress and their staff to discuss the negative effects of the Most Favored Nation (MFN) clause. ASA noted the problems that MFN clauses can create for shops, consumers and insurers.
“We were encouraged by the interest in Washington, D.C., and look forward to continued conversations with our representatives,” said Dan Risley, ASA president and executive director. “Most Favored Nation clauses are harmful to consumers, shops and some insurers. Michigan has recognized the damage these clauses can do in a marketplace and acted accordingly with regard to health insurance. This same reasoning should apply to vehicle repair, and property and casualty insurance. This is the single most important issue we have in the collision repair industry today.”