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AIA Statement on the Introduction of the PARTS Act

AIA STATEMENT ON THE INTRODUCTION OF THE PARTS ACT

WASHINGTON, D.C., February 25, 2015 – Tom Santos, vice president for federal affairs for the American Insurance Association (AIA), issued a statement following today’s introduction of the Promoting Automotive Repair, Trade and Sales (PARTS) Act.  Introduced by Representatives Darrell Issa (R-CA) and Zoe Lofgren (D-CA) in the House of Representatives as H.R. 1057 and Senators Orrin Hatch (R-UT) and Sheldon Whitehouse (D-RI) in the Senate as S. 560, the PARTS Act would reform automotive patent design laws while preserving the current competitive repair parts market.

Mr. Santos’ statement follows:

“AIA thanks Reps. Issa and Lofgren and Sens. Hatch and Whitehouse for introducing the Promoting Automotive Repair, Trade and Sales (PARTS) Act.  The PARTS Act will provide greater choice for consumers while preserving  a competitive consumer marketplace for high-quality automotive repair parts.

“Consumers have benefited from the use of high-quality generic car parts for decades.  Their ongoing use represents an estimated annual cost savings of $1.5 billion to $2.4 billion. 

“AIA will work with other members of the Quality Parts Coalition, which includes insurance, automotive repair and consumer groups, to support passage of this bill.”

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The American Insurance Association (AIA) is the trade association for today’s leaders in the property-casualty insurance industry. Our members work each day to protect the American Dream, whether that’s a house, car, business or otherwise. Now more than 150 years old, AIA has an unparalleled record of advocating on state, federal and international issues for insurers and their customers. 

Our membership is comprised of more than 330 companies, collectively writing more than $134 billion in premiums each year.

We have the experience of a veteran organization coupled with the innovative ideas that drive our industry forward. AIA is leading the insurance industry into the second half of the 21st Century… today.


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Media Contacts

Maggie Seidel
VICE PRESIDENT, PUBLIC AFFAIRS
(202) 828-7196
mseidel@aiadc.org

Rachel Wallen
PUBLIC AFFAIRS MANAGER & MEDIA CONTACT
(202) 828-7149
rwallen@aiadc.org

 

 

AIA MEDIA

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