Tennessee: Accident Response Fees Ban Passes House

The ban on "accident taxes," HB 2547, passed the Tennessee Senate yesterday, less than a week after passing the House March 13.

“Tennessee legislators understand the need to ban the practice of ‘double taxation’ that municipalities throughout the country seem intent on implementing,” said Liz Reynolds, NAMIC' Southeast state affairs manager. “Members of the industry in Tennessee worked together to quickly shepherd this bill through the General Assembly so that this issue will be laid to rest there.”

The bill now goes to the governor for his signature.

A similar proposal, HB 4797, has been introduced in South Carolina. It could be taken up by the appropriate subcommittee as early as next week.

Direct questions to NAMIC State Affairs Manager Liz Reynolds.

Posted: Tuesday, March 18, 2008 12:00:00 AM. Modified: Tuesday, March 18, 2008 1:22:45 PM.

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We are 1,400 property/casualty insurance companies serving more than 135 million auto, home and business policyholders, with more than $196 billion in premiums accounting for 50 percent of the automobile/homeowners market and 31 percent of the business insurance market. We are the largest and most diverse property/casualty trade association in the country, with regional and local mutual insurance companies on main streets across America joining many of the country’s largest national insurers who also call NAMIC their home. More than 200,000 people are employed by NAMIC members.