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Restoration and Remediation Industry News

RIA Releases New Pricing Position Statement, Announces New AGA Advocate Role

RIA
December 20, 2021

The Restoration Industry Association (RIA) has announced the release of the association's Advocacy and Government Affairs (AGA) Pricing Position Statement on New Construction Price Lists. This peer-reviewed, industry position statement addresses the issue of insurance carriers and their partners attempting to apply "new construction" pricing to property damage restoration projects. This statement is designed to serve as a resource for restorers when they are faced with this issue. 

"We would like every estimator, whether it be on the carrier side, TPA side or the contractor side, to look at every trade so that it speaks for itself," said Ben Justesen, chair of the AGA Pricing Task Force, during the RIA's latest Industry Briefing via Facebook Live on December 15. "So this is really going to help give you that information to be able to explain to an adjuster or TPA, 'This is why the new construction setting should not be used.'”

AGA position statements are available as an RIA member benefit. You must be logged in with your member credentials to access the information. 

In addition, the RIA will be expanding the number of AGA advocates working on behalf of restorers and is seeking candidates for a new AGA Pricing Advocate position. This person will be dedicated specifically to persistent advocacy with pricing platforms, researching and evaluating pricing data and issues, and assisting in formulation of pricing position statements. The AGA Pricing Advocate Search Committee is currently seeking qualified candidates.

Click here to submit a pricing advocate nomination. 

"Ed [Cross] will continue to work as an advocate for RIA, especially focused on the TPA issue and continuing TPC issue, but we will be adding a full time pricing advocate," said Mark Springer, RIA president, during a Facebook Live update on December 15. "We really envision a very continuous dialogue happening between the various estimating and pricing platforms that exist here in the restoration industry, and then bringing back information to our members, to our constituents, to be able to help us all together, build bridges and improve the restoration ecosystem. So to that end, we will be adding this position next year, in 2022.”

About the Restoration Industry Association

The RIA is the oldest and largest non-profit, professional trade association dedicated to providing leadership and promoting best practices through advocacy, standards and professional qualifications for the restoration industry. With an extensive network of professionals working towards similar goals, RIA has become a trusted resource of knowledge for those involved in cleaning and restoration.

 

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KEYWORDS: construction insurance adjusters insurance claims insurance estimating pricing restoration association

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