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Insurance modernization report a priority for ASA collision leaders

Thursday, May 19, 2011 - 00:00
Automotive Service Association (ASA) collision leaders included the Insurance Modernization report in their top issues discussed recently on Capitol Hill. ASA members addressed how a key provision of the Dodd- Frank Wall Street Reform and Consumer Protection Act included a requirement for an insurance modernization report to the U.S. Congress that was ASA- supported.

Members also discussed the new Federal Insurance Office (FIO), and the importance of the FIO.

ASA leaders made clear their support for the creation of the Federal Insurance Office and their opposition to attempts to repeal the requirement of an FIO report to Congress on insurance modernization. ASA members also asked that Congress ensure that the FIO will allow collision repairer input in the insurance modernization report.

Overall, congressional leaders and staff members were made aware of the insurance modernization report’s importance to collision repairers, and were receptive to these concerns.

The Automotive Service Association is the largest not-for-profit trade association of its kind dedicated to and governed by independent automotive service and repair professionals. ASA serves an international membership base that includes numerous affiliate, state and chapter groups from both the mechanical and collision repair segments of the automotive service industry. ASA’s headquarters is in Bedford, Texas.

ASA advances professionalism and excellence in the automotive repair industry through education, representation and member services.

For additional information about ASA, including past news releases, go to www.asashop.org, or visit ASA’s legislative website at www.TakingTheHill.com.

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