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GOVERNMENT: Study on future of insurance regulation due

by adminpars | Jan 13, 2012 | Claims Department News

The new Federal Insurance Office (FIO) (has been seeking comments on how insurance should be regulated in the future, and two viewpoints are clearly emerging. The National Association of Insurance Commissioners is among those saying the current state regulatory system...

GOVERNMENT: Wrap-up of state legislative and regulatory news

by adminpars | Nov 14, 2011 | Claims Department News, News

A Virginia state legislator whose vehicle was totaled after the sunroof of his vehicle was left open in a rainstorm was a proponent this year of legislation to raise the threshold of damage requiring a flood-damaged vehicle to receive a branded title from $1,000 to...

GOVERNMENT: Wrap-up of state legislative and regulatory news

by adminpars | Oct 11, 2011 | Claims Department News, News

California Gov. Edmund Brown has signed into law a new requirement (AB 1215) that dealers must label salvaged vehicles with a red warning sticker after obtaining vehicle histories through the National Motor Vehicle Title Information System (NMVTIS) for every vehicle...

GOVERNMENT: Nevada adjusts total loss calculation

by adminpars | Aug 8, 2011 | Claims Department News

A new Nevada law has gone into effect that excludes the cost of painting, towing and replacement of any electronic components from the total loss calculation; a vehicle is declared a total loss if the cost of repairs, other than these excluded items, exceeds 65...

GOVERNMENT: Changes to total loss and other regulations in Nevada

by adminpars | Jul 27, 2011 | Body Shop News

A new Nevada law goes into effect this month (July 2011) that excludes the cost of painting, towing and replacement of any electronic components from the total loss calculation; a vehicle is declared a total loss if the cost of repairs, other than these excluded...
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