Legislation

Title: Motor Vehicle Insurance - Use of Credit History in Rating Policies
Sponsored by: Senators Young, Benson, Carter, Lee, McCray, Nathan-Pulliam, Patterson, Smith, and Washington
Status: In the Senate - Hearing 2/12 at 1:00 p.m.
Analysis: Fiscal and Policy Note

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; applying the Act to all private passenger motor vehicle insurance policies issued, delivered, or renewed in the State on or after October 1, 2019; etc.

Committees

Original:: Finance Click to view Recorded Media

Details

Cross-filed with: HB0351

Introduced in a prior session as: SB0072 Session: 2018 Regular Session

Bill File Type: Regular

Effective Date(s): October 1, 2019

History

Legislation History
Chamber Senate Calendar Date 1/25/2019 Legislative Date 1/25/2019 Action First Reading Finance Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Motor Vehicle Insurance - Use of Credit History in Rating Policies Proceedings
Chamber Senate Calendar Date 1/28/2019 Legislative Date 1/28/2019 Action Hearing 2/12 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	1/25/2019	1/25/2019	First Reading Finance
			Text - First - Motor Vehicle Insurance - Use of Credit History in Rating Policies
Senate	1/28/2019	1/28/2019	Hearing 2/12 at 1:00 p.m.

File Code

Subjects

Statutes