Bill > H1178

This bill aims to authorize the Commissioner of the Division of Insurance to set the minimum hourly labor rate that insurance companies must pay to registered motor vehicle repair shops for insured claims. The rate will be based on the average hourly rates paid by insurers in the neighboring states of Connecticut, Maine, New Hampshire, Rhode Island, and Vermont, as determined by using data from independent collision repair estimating services. The Commissioner will have the discretion to adjust the rate by up to 3% higher or lower than the calculated average. The rate will be reviewed and readjusted every 3 years, with the Commissioner providing a report to the Joint Committee on Financial Services 15 days prior to any new rate promulgation. The bill also specifies that the collision repair hourly labor rates set under this law will not be included when considering programs to control costs and expenses under other insurance regulations.

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https://malegislature.gov/Bills/192/H1178