2007 House Bill 5565: Regulate insurance credit scoring

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Introduced by Rep. Bert Johnson (D) on December 13, 2007, to prohibit the use of “credit scoring” by insurance companies to deny, cancel or non-renew a policy. Insurers would be allowed to consider a person’s credit history as one factor in setting the price of a policy, but not as the only factor, subject to disclosures and regulations specified in the bill.
- Referred to the House Insurance Committee on December 13, 2007.

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1) What's the point? by DealwDale on December 26, 2007
Most people who complain to me about insurance scoring have a gripe about the rate difference between someone with a lousy score and someone with a great score. Would I be angry if I was non-renewed because of a bad insurance score? Probably. What this really is is another tax on the poor. Someone who can't pay their bills because they have a crappy job, or a crappy year, or went through a tough divorce come to me hoping for a break, a little brathing room at the very least, and I have to tell them, "Sorry, the rich guys are getting all the breaks these days. Try to clean up your credit report and call me in a few years."

I see hopes crushed every day. This law isn't enough.
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2) 2007 House Bill 5565 (Regulate insurance credit scoring ) by admin on January 1, 2001
Introduced in the House on December 13, 2007

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