Oklahoma Bill Mandates Market Survey of Shops
Posted on Feb 1, 2016 in Insurance Developments and Trends | Comments Off on Oklahoma Bill Mandates Market Survey of Shops
The Oklahoma legislature is considering a bill requiring insurers to conduct an annual market survey of motor vehicle repair and glass repair shop collision repair facilities. The survey would request information from repair shops on topics such as labor and material cost averages. Insurers would submit completed surveys to the Insurance Commissioner, who would publish them online. If passed, the bill, HB3132, would amend the state’s Unfair Claims Settlement Practices Act.
