IN HB1077 | 2014 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 9 2014 - 25% progression, died in committee
Action: 2014-01-09 - First Reading: Referred to Insurance
Pending: House Insurance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Generally prohibits an insurer from considering credit information in connection with the renewal of a personal insurance policy. Provides that: (1) if an insurer uses a credit report or insurance score to re-underwrite or re-rate a personal insurance policy at the request of the insured or the insured's agent at annual renewal; and (2) if the result is that the insured is eligible to be placed in a less favorably priced tier; the insurer is required to maintain the insured in the insured's current tier. Removes a disclosure exemption.

Tracking Information

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Title

Insurance credit scoring.

Sponsors


History

DateChamberAction
2014-01-09HouseFirst Reading: Referred to Insurance
2014-01-09HouseAuthored by Representative Lehman.

Indiana State Sources


Bill Comments

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