Introduced
by
To prohibit auto insurers from using an individual’s credit score in setting automobile insurance rates, or engaging in “redlining” in underwriting or establishing rates for automobile insurance. The term is not defined but presumably means charging more or refusing to insure vehicles that are garaged in high-crime and other areas that generate more and costlier insurance claims.
Referred to the Committee on Insurance and Banking
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.