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Committee approves amendment and advances bill letting insurers send payment to repair shops in limited cases
Summary
The committee adopted an amendment and passed House Bill 1193 as amended to allow insurers to issue payment without a lienholder's name in certain circumstances: no in‑state physical presence for the lienholder, damage under $2,500, or payment made directly to the repair facility for the amount of repairs.
Representative Kavanaugh introduced House Bill 1193 to the Senate Insurance & Commerce committee and said the amendment "does some clarifying language" to ensure that where a lienholder has no physical presence in the state, the lienholder would not need to be on an insurance payment under certain conditions.
Under the bill as amended, a perfected lienholder's name need not appear on an insurance payment if any of the following apply: the lienholder has no physical location in the state, the vehicle…
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