Rule detail : 217620

RI LEG Insurance Motor Vehicle Repair

RI LEG passed Senate bill SB 3105 re insurer direct payments to auto repair shops.
Amends RI INS 27-9.1-4 (Unfair claims settlement practices act, practices defined).
Key Bill Provisions
Current law requires an insurer promptly and fairly attempt to settle, or settle, claims.
Stipulates general statements of conduct that would suffice as unfair claims practices.
SB 3105 adds clause for an insurer to honor a direction to pay a motor vehicle repair shop of the owner's choice for the repairs; pertains to direct single party payments.
Legislative History
On May 29, 2024, bill was introduced in Senate; on Jun. 13, 2024, bill passed Senate.
On Jun. 13, 2024, bill introduced in the House; on Jun. 14, 2024, bill passed in House.
On Jun. 28, 2024, the bill became effective without the governor's signature, Ch. 411.
Effectiveness
Act takes effect on Jan. 1, 2025.

Regulators	RI LEG
Entity Types	Ins
Reference	Bill, SB3105, Ch. 411, 6/28/2024; Citation: RI INS 27-9.1-4;
Functions	Claims/Accelerated Benefits; Market Conduct
Countries	United States of America
Category
State
Products	Insurance; Insurance-Property
Regions	Am
Rule Type	Final
Rule Date	6/28/2024
Effective Date	1/1/2025
Rule Id	217620
Linked to	N/A
Reg. Last Update	6/28/2024
Report Section	US Insurance