KY HB487 | 2015 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 23 2015 - 25% progression, died in committee
Action: 2015-02-24 - to Banking & Insurance (H)
Pending: House Banking and Insurance Committee
Text: Latest bill text (Draft #1) [MS Word]

Summary

Create a new section of Subtitle 13 of KRS Chapter 304 to prohibit a motor vehicle insurer that uses credit ratings or scores for underwriting purposes to use credit information for persons aged (65) years and older if there will be an increase in premium for the insured.

Tracking Information

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Title

AN ACT relating to the use of credit information for the purpose of increasing the premium for an automobile insurance policy.

Sponsors


History

DateChamberAction
2015-02-24Houseto Banking & Insurance (H)
2015-02-23Houseintroduced in House

Kentucky State Sources


Bill Comments

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