2011 House Bill 4594 / 2012 Public Act 206

Restrict insurance company use of consumer credit scores

Introduced in the House

April 28, 2011

Introduced by Rep. Paul Opsommer (R-93)

To prohibit insurers from using “credit information” (under a broad definition of that term contained in the bill) to deny cancel or choose to not renew a policy. Also, to impose restrictions, plus requirements for credit-status confirmation, disclosures and more, on an insurer using credit or credit-based “insurance scores” to determine the price at which it will issue an insurance policy.

Referred to the Committee on Insurance

Sept. 15, 2011

Reported without amendment

With the recommendation that the substitute (H-1) be adopted and that the bill then pass.

Oct. 12, 2011

Substitute offered

To replace the previous version of the bill with one that revises details but does not change the substance as previously described.

The substitute passed by voice vote

Oct. 13, 2011

Passed in the House 103 to 5 (details)

Received in the Senate

Oct. 18, 2011

Referred to the Committee on Insurance

March 8, 2012

Reported without amendment

With the recommendation that the substitute (S-1) be adopted and that the bill then pass.

May 1, 2012

Substitute offered

Substitute (S-1)..

The substitute passed by voice vote

May 2, 2012

Passed in the Senate 36 to 1 (details)

To prohibit insurers from using “credit information” (under a broad definition of that term contained in the bill) to deny cancel or choose to not renew a policy. Also, to impose restrictions, plus requirements for credit-status confirmation, disclosures and more, on an insurer using credit or credit-based “insurance scores” to determine the price at which it will issue an insurance policy.

Received in the House

May 3, 2012

June 7, 2012

Amendment offered by Rep. Paul Opsommer (R-93)

To establish a new date on which the bill will go into effect if passed.

The amendment passed by voice vote

Passed in the House 98 to 10 (details)

To concur with the Senate-passed version of the bill, except for one amendment changing the effective date.

Received in the Senate

June 12, 2012

June 14, 2012

Passed in the Senate 36 to 2 (details)

To concur with the Senate-passed version of the bill.

Signed by Gov. Rick Snyder

June 26, 2012