2005 Senate Bill 739

Limit insurance credit rating use

Introduced in the Senate

Sept. 7, 2005

Introduced by Sen. Michael Switalski (D-10)

To prohibit insurance companies from giving discounts or imposing surcharges on the basis of a customer’s credit history or score, and regulate and limit using credit history to deny or cancel coverage, or to assign “insurance scores” on which premium discounts are based.

Referred to the Committee on Banking and Financial Institutions