Action Alert

Senate Bill 2330

Post Date:  February 16, 2009

Description of Bill

Use of Credit Scores in connection with underwriting of insurance involving consumers

Recommendation: 
 

Oppose

Current Status:

Fail in the Senate, 16-29

Bill Summary

This bill prohibits the use of credit scores in connection with the underwriting of insurance involving consumers.  Insurance credit scores have been shown to significantly improve pricing accuracy when combined with other rating variables in predicting risk.