Increases minimum amount for required damages and time to perform appraisal from three days to four.
Clarifies the definitions of unfair claims practices pertaining to insurers with regard to appraisals and total losses. It also corrects a citation regarding salvage and reconstructed titles.
Prohibits dental insurers from refusing to honor directions to pay from insured, modifying benefits to be paid. Requires providers to accept payment by virtual credit card as unfair claims practices.
Prohibits dental insurers from refusing to honor directions to pay from insured, modifying benefits to be paid. Requires providers to accept payment by virtual credit card as unfair claims practices.
Provide to provide greater clarity in insurance claim settlements, the appraisal process and procedural safeguards to enhance consumer protections against bad faith practices by insurers.
Makes it an unfair claims practice for insurer to designate a motor vehicle a total loss if the cost to repair motor vehicle to its pre-accident condition is less than 75% to 80% of the fair market value.
Makes it an unfair claims practice for insurer to designate a motor vehicle a total loss if the cost to repair motor vehicle to its pre-accident condition is less than 85% of the fair market value.
Increases the minimum wage amount for any person committed to the adult correctional institution from three dollars to five dollars a day for every day the person shall labor.
Changes the process by which a dispute between the insured and their insurance company, concerning property damages and requires that the umpire appraisers shall be disinterested and the cost shared equally.
Requires the auditor general to conduct performance audits of all state agencies.