Legislation
- Title
- Motor Vehicle Insurance - Use of Credit History in Rating Policy
- Sponsored by
- Delegate Jalisi
- Status
- In the House - Unfavorable Report by Economic Matters
- 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; and 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.
Committees
- Original:
- Economic Matters Click to view Recorded Media
Committee Testimony
Details
Introduced in a prior session as: HB1603 Session: 2020 Regular Session
Bill File Type: Regular
Effective Date(s): October 1, 2022
History
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File Code
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Subjects
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Statutes
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(
27-501 )
Last Updated: 7/8/2022 2:23 PM