S662 GENERAL BILL by Storms; (CO-INTRODUCERS) Fasano; Garcia (Identical
H 0771)
Insurance [CPSC]; Prohibits an insurer that issues motor vehicle
insurance from using a rate, rating schedule, rating manual, or an
underwriting rule that is not contained in a rating manual and is
determined in whole or in part on the basis of certain characteristics
of an insured. Prohibits the use by insurers of credit reports and
credit scores in making rating determinations. Deletes provisions
authorizing the Financial Services Commission to adopt rules, etc.
EFFECTIVE DATE: 07/01/2010.
11/10/09 SENATE Filed
12/17/09 SENATE Referred to Banking and Insurance; Commerce
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