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Industry: Email Alert RSS FeedInsurers, consumers battle automakers.
National Underwriter Property & Casualty-Risk & Benefits Management, October, 1989 by Brostoff, Steven
Insurers, Consumers Battle Automakers WASHINGTON -- The insurance industry is locked in an intense legal and legislative battle with automobile manufacturers that could determine the future cost of car repairs. Insurers, in close cooperation with consumer groups and independent parts manufacturers and distributors, are trying to prevent auto manufacturers from creating a government-sanctioned monopoly on repair parts, and in the process snuff out a growing national and international industry that has added new competition to this market.
Should the auto manufacturers succeed, insurers fear, the remarkable downward trend in the price of replacement parts could be reversed permanently. The war is being waged on several fronts, according to James F....
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