Motor Vehicle Insurance - Use of Credit History in Rating Policies
Sponsor: Karen Lewis Young (District 3)Committee: FinanceSubject: Insurance - Other than HealthStatus: Hearing 1/23 at 2:15 p.m. (as of Nov 1, 2018)
What this bill does
Official synopsis
Prohibiting an insurer, with respect to private passenger motor vehicle insurance, from rating a risk based, in whole or in part, on the credit history of an applicant or insured in any manner; repealing certain provisions of law authorizing an insurer to use the credit history of an applicant or insured to rate a new policy of private passenger motor vehicle insurance subject to certain limitations and requirements; etc.
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Testimony (0)
MGA witness listNo witness list on file. It is scraped after hearings are scheduled; check the MGA link above.