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Bill > H1152


MA H1152

MA H1152
Reforming labor rates paid by insurance companies to auto repairers in the Commonwealth


summary

Introduced
03/29/2021
In Committee
03/29/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

For legislation to authorize the Commissioner of the Division of Insurance to set labor rates paid by insurance companies to auto repairers. Financial Services.

AI Summary

This bill aims to authorize the Commissioner of the Division of Insurance to set the minimum hourly labor rate that insurers must pay on insured claims for repairs made by registered motor vehicle repair shops. The rate would be set based on the average of the hourly rates paid by insurers for motor vehicle damage repairs in the surrounding states of Connecticut, Maine, New Hampshire, Rhode Island, and Vermont, with the Commissioner having the discretion to adjust the rate by up to 3% higher or lower than the average. The Commissioner would be required to review and readjust the rate every 3 years, and provide a report to the Joint Committee on Financial Services 15 days before any proposed new rate is promulgated. Additionally, the bill would exempt the collision repair hourly labor rates set under this law from being included when considering programs to control costs and expenses under the insurance laws.

Committee Categories

Business and Industry

Sponsors (3)

Last Action

Accompanied a study order, see H5235 (on 09/01/2022)

bill text


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