Current Status Bill Number:3321 Type of Legislation:General Bill GB Introducing Body:House Introduced Date:19950119 Primary Sponsor:Harvin All Sponsors:Harvin Drafted Document Number:BBM\9764JM.95 Companion Bill Number:789 Residing Body:House Date Tabled:19950418 Current Committee:Labor, Commerce and Industry Committee 26 HLCI Subject:Motor vehicle repair work, insurer
Body Date Action Description Com Leg Involved
______ ________ _______________________________________ _______ ____________
House 19950418 Tabled in Committee 26 HLCI
House 19950119 Introduced, read first time, 26 HLCI
referred to Committee
View additional legislative information at the LPITS web site.
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 38-57-75 SO AS TO MAKE IT AN UNFAIR METHOD OF COMPETITION AND UNFAIR OR DECEPTIVE ACT OR PRACTICE FOR AN INSURER TO CONTRACT OR AGREE WITH ANY COMPANY OR OTHER BUSINESS ENTITY TO MANAGE, HANDLE, OR ARRANGE INSURANCE REPAIR WORK OR TO ACT AS AN AGENT FOR THE INSURER IN ANY MANNER WHERE THE COMPANY OR ENTITY SETS A PRICE WHICH MUST BE MET BY A REPAIR SHOP AS A CONDITION OF DOING CLAIMS REPAIR WORK FOR THE INSURER AND THEN RETAINS A PERCENTAGE OF THE CLAIM PAID BY THE INSURER.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. The 1976 Code is amended by adding:
"Section 38-57-75. It is an unfair method of competition and an unfair or deceptive act or practice, and, therefore, illegal under this chapter, for an insurer to establish a contract or agreement with any company or other business entity to manage, handle, or arrange insurance repair work or to act as an agent for the insurer in any manner where the company or entity sets a price which must be met by a repair shop as a condition of doing claims repair work for the insurer and then retains a percentage of the claim paid by the insurer."
SECTION 2. This act takes effect upon approval by the Governor.