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]
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.
Title
Insurance credit scoring.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2014-01-09 | House | First Reading: Referred to Insurance |
2014-01-09 | House | Authored by Representative Lehman. |
Indiana State Sources
Type | Source |
---|---|
Summary | https://iga.in.gov/legislative/2014/bills/house/1077/details |
Text | http://iga.in.gov/static-documents/c/1/3/d/c13d83ed/HB1077.01.INTR.pdf |