House Bill 249

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Last Action posting waived
Title AN ACT relating to motor vehicle repair insurance claims.
Bill Documents Bill
Bill Request Number 913
Sponsor S. Riggs
Summary of Original Version Create a new section of subtitle 12 of KRS Chapter 304 to define "authorized claim", "automobile liability insurance policy", "insurer", "loss payee", and "repair facility"; require insurers to issue payment for authorized claims, when a motor vehicle is subject to a lien, directly to the vehicle repair facility for completed repairs and to provide written notice of completion of the vehicle repair to a loss payee within 30 days after completion of the repair; require insurers to issue payment for authorized claims, when a motor vehicle is not subject to a lien, jointly to the policy holder and the vehicle repair facility naming both the policy holder and the vehicle repair facility as payees; state that a violation of this Act constitutes an unfair claims settlement practice that may be disciplined pursuant to KRS 304.12-120; state that a vehicle repair facility's endorsement of a payment instrument tendered under this Act is certification by the facility of completion of the repair that is the subject of the authorized claim.
Index Headings of Original Version Insurance - Motor vehicles, repair claims
Insurance, Motor Vehicle - Repair claims, payments
Motor Vehicles - Insurance repair claims, payments
Negotiable Instruments - Motor vehicle insurance repair claims, payments
Transportation - Motor vehicle insurance repair claims, payments

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02/01/11
  • introduced in House
02/02/11
  • to Banking & Insurance (H)
02/15/11
  • posting waived


Last updated: 1/16/2019 3:43 PM (EST)