SENATE BILL 797

File Code: Insurance - Other than Health Prior Year Introduction As: SB 866/08 - FIN

Sponsored By:

Senator Della

Entitled:

Motor Vehicle Insurance - Use of Credit History in Rating Policies

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 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 specified limitations and requirements; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.

Senate Action

2/6

First Reading Finance

2/18

Hearing 3/10 at 1:00 p.m.

3/17

Unfavorable Report by Finance

House Action

No Action

Bill indexed under the following Subjects:

Consumer Protection -see also- Unfair Trade Practices

Credit

Motor Vehicle Insurance -see also- MD Auto Insurance Fund

Prices -see also- Consumer Price Index

Reports

Bill affects the following Statute:

Insurance

( 27-501 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments: None offered