New York Assembly Introduces Bill Addressing Insurer-Owned Shops - BodyShop Business

New York Assembly Introduces Bill Addressing Insurer-Owned Shops

A bill introduced in the New York assembly would add
provisions to the state’s insurance code regarding insurer’s interests
in motor vehicle repair shops.

A.B. 960, introduced by Assemblymember RoAnn
M. Destito (D), would “provide that an insurer may not hold nor acquire interest in a
motor vehicle repair shop.”

For insurers that already hold interests in repair
shops, it would require that they “disclose to each insured that the
insured has the right to use any motor vehicle repair shop selected by
the insured.”

The bill has been referred to the Assembly’s transportation committee for review.

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