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2011 House Bill 4594: Restrict insurance company use of consumer credit scores

Public Act 206 of 2012

Introduced by Rep. Paul Opsommer (R) on April 28, 2011 To prohibit insurers from using “credit information” (under a broad definition of that term contained in the bill) to deny cancel or choose to not renew a policy. Also, to impose restrictions, plus requirements for credit-status confirmation, disclosures and more, on an insurer using credit or credit-based “insurance scores” to determine the price at which it will issue an insurance policy.   Official Text and Analysis.
Referred to the House Insurance Committee on April 28, 2011
Reported in the House on September 15, 2011 With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Substitute offered in the House on October 12, 2011 To replace the previous version of the bill with one that revises details but does not change the substance as previously described.
The substitute passed by voice vote in the House on October 12, 2011
Passed 103 to 5 in the House on October 13, 2011 (same description)
To prohibit insurers from using “credit information” (under a broad definition of that term contained in the bill) to deny cancel or choose to not renew a policy. Also, to impose restrictions, plus requirements for credit-status confirmation, disclosures and more, on an insurer using credit or credit-based “insurance scores” to determine the price at which it will issue an insurance policy.
Received in the Senate on October 18, 2011
Referred to the Senate Insurance Committee on October 18, 2011
Reported in the Senate on March 8, 2012 With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Substitute offered in the Senate on May 1, 2012 Substitute (S-1)..
The substitute passed by voice vote in the Senate on May 1, 2012
Passed 36 to 1 in the Senate on May 2, 2012 (same description)
To prohibit insurers from using “credit information” (under a broad definition of that term contained in the bill) to deny cancel or choose to not renew a policy. Also, to impose restrictions, plus requirements for credit-status confirmation, disclosures and more, on an insurer using credit or credit-based “insurance scores” to determine the price at which it will issue an insurance policy.
Received in the House on May 3, 2012
Amendment offered by Rep. Paul Opsommer (R) on June 7, 2012 To establish a new date on which the bill will go into effect if passed.
The amendment passed by voice vote in the House on June 7, 2012
Passed 98 to 10 in the House on June 7, 2012 To concur with the Senate-passed version of the bill, except for one amendment changing the effective date.
Received in the Senate on June 12, 2012
Passed 36 to 2 in the Senate on June 14, 2012 To concur with the Senate-passed version of the bill.
Signed by Gov. Rick Snyder on June 26, 2012

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