On Wednesday, the House Insurance and Banking Committee voted out H.B. 967, which contains a number of policies designed to fight auto insurance personal injury protection (PIP) fraud. In particular, the bill expands the authority of an insurer to conduct examinations of potentially fraudulent claims, limits attorneys' fees to no more than $10,000 for individual disputes, or $50,000 for class action suits, and authorizes an insurer to require binding arbitration for PIP claim disputes. The bill now has three remaining references. The companion in the Senate, S.B. 1694 by Garrett Richter, has three references and has not yet been heard.
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Automotive insurance fraud bill voted out favorably by House Insurance Committee
- Foley & Lardner LLP
- G. Donovan Brown , Jonathan P. Kilman, Michael P. Harrell and Robert H. Hosay
- March 21 2011
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