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Bill > H901


MA H901

Relative to arbitration for automobile insurance property damage


summary

Introduced
01/22/2019
In Committee
01/22/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

Relative to arbitration with insurance companies for property damages to motor vehicles. Financial Services.

AI Summary

This bill amends Chapter 175, Section 191A of the General Laws to establish a binding arbitration process for resolving disputes between an insured vehicle owner (or their chosen repairer) and the insurance company over the amount of loss for property damage to a motor vehicle. The bill outlines the steps for selecting independent, licensed auto damage appraisers as arbitrators and an umpire to resolve the dispute. It also requires the insurer to make payment on the arbitration award within 5 working days, and deems failure to comply as an unfair claims settlement practice in violation of Chapter 176D.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Accompanied a study order, see H5160 (on 12/01/2020)

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