2011 House Bill 4595 / 2012 Public Act 207

Restrict insurance company use of consumer credit scores

Introduced in the House

April 28, 2011

Introduced by Rep. Deb Shaughnessy (R-71)

To require insurance companies “to provide reasonable exceptions” to their use of credit scores to price policies if a person makes a request in writing based on having experienced personal or natural catastrophes, divorce, identity theft, job loss, etc.

Referred to the Committee on Insurance

Sept. 15, 2011

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Oct. 13, 2011

Passed in the House 103 to 5 (details)

Received in the Senate

Oct. 18, 2011

Referred to the Committee on Insurance

March 8, 2012

Reported without amendment

With the recommendation that the amendments be adopted and that the bill then pass.

May 1, 2012

Amendment offered

To add "predatory lending resulting in foreclosure" in the list of proposed exceptiions.

The amendment passed by voice vote

May 2, 2012

Passed in the Senate 36 to 1 (details)

To require insurance companies “to provide reasonable exceptions” to their use of credit scores to price policies if a person makes a request in writing based on having experienced personal or natural catastrophes, divorce, identity theft, job loss, etc.

Received in the House

May 3, 2012

June 14, 2012

Passed in the House 105 to 4 (details)

To concur with the Senate-passed version of the bill.

Signed by Gov. Rick Snyder

June 26, 2012