2013 House Bill 4511

Ban using credit scores in insurance pricing

Introduced in the House

April 9, 2013

Introduced by Rep. Woodrow Stanley (D-34)

To prohibit the use and individual’s credit score to determine his or her insurance premium. Note: A <a href="http://www.michiganvotes.org/SearchLegislation.aspx?CategoryID=0&Keywords=insurance+credit+score&StartMonth=1&StartYear=2011&EndMonth=12&EndYear=2013&Results=50&op=Search">package of bills</a> that passed with large bipartisan majorities and were signed into law in 2012 restricted and regulated the use of consumer credit information by insurers.

Referred to the Committee on Insurance