Passed BothConf. Cmte
- Motor Vehicle Insurance - Use of Credit History in Rating Policies
- Sponsored by
- Senators Young, Benson, Carter, Lee, McCray, Nathan-Pulliam, Patterson, Smith, and Washington
- In the Senate - Hearing 2/12 at 1:00 p.m.
- Fiscal and Policy Note
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.
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( 27-501 )
Last Updated: 2/3/2020 2:33 PM