2009 House Bill 5297

Regulate insurance credit scoring

Introduced in the House

Sept. 2, 2009

Introduced by Rep. Andy Neumann (D-106)

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 restrictive regulations specified in the bill.

Referred to the Committee on Insurance