LANSING, Mich. --- The Michigan House Commerce Committee is hearing testimony this week about a bill that seeks to require auto insurers to divest ownership interests in collision repair shops. If the bill passes, insurance companies with ownership interests in body shops would need to divest that interest by the end of 2008. Until that date, any insurer-owned shop would be forced to post a notice informing consumers about the shop's ownership. Consumers would also be informed that they were free to seek repairs at a repair facility of their choice, CollisionWeek reported.

Originally posted on Fleet Financials