General Bill
Insurance:
Prohibits insurer that issues motor vehicle insurance from using rate, rating schedule, rating manual, or underwriting rule that is not contained in rating manual & is determined in whole or in part on basis of specified characteristics of insured; includes refusal to insure or continue to insure individual or risk because of educational level, trade, business, occupation, profession, credit report, credit score, or certain forms of lawful employment among list of activities constituting unfair methods of competition & unfair or deceptive acts; prohibits use by insurers of credit reports & credit scores in making rating determinations; deletes provisions limiting & regulating use of credit score by insurers when making rating determinations.
Effective Date:
July 1, 2010
Last Event:
Died in Insurance, Business & Financial Affairs Policy Committee on Friday, April 30, 2010 6:59 PM
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Subject
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Relationship
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Bill #:
SB 662
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Subject:
Insurance [CPSC]
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Relationship:
Identical
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