Bills · 2009-2010 Regular Session
prohibiting the use of information in credit reports for issuing or setting premiums for motor vehicle or property insurance.
- Introduced, stopped here
- Passes Assembly, not reached
- Passes Senate, not reached
- Governor signs, not reached
- Law, not reached
Unfamiliar terms? Glossary
What this bill does
Plain-language analysis by the nonpartisan Legislative Reference Bureau
Current law contains prohibitions against unfairly discriminating among
policyholders by charging different premiums or offering different terms of coverage
except on the basis of classifications related to the nature and degree of risk covered.
Current law also specifies the factors on which insurance rates may be based. These
prohibitions and specifications apply to all types of insurance. Current law
specifically prohibits an insurer from using odometer reading data collected in the
course of an emissions inspection as a factor in setting rates or premiums for motor
vehicle insurance.
This bill prohibits an insurer from considering information in an individual's
credit report for purposes of issuing or renewing motor vehicle or property insurance,
including renter's and homeowner's insurance, or setting premiums for motor
vehicle or property insurance. The bill also prohibits a rating plan for motor vehicle
or property insurance from using information in an individual's credit report as a
rating factor.
Sponsors
Full history
- Apr 2, 2009 · Assembly
Introduced by Representatives Berceau, Vruwink, Zepnick, Schneider, Wood, Young, Black, Sinicki, Pocan, Nass, Mason, Mursau, Grigsby, Gunderson, Toles, Ballweg, Hixson, A. Williams and Hilgenberg;Cosponsored by Senators Lehman, Carpenter, Erpenbach and Plale
- Apr 2, 2009 · Assembly
Read first time and referred to committee on Insurance
- Apr 28, 2010 · Assembly
Failed to pass pursuant to Senate Joint Resolution 1