MD SB235 | 2019 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 9-0)
Status: Introduced on January 25 2019 - 25% progression
Action: 2019-01-28 - Hearing 2/12 at 1:00 p.m.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Prohibiting an insurer, with respect to private passenger motor vehicle insurance, from rating a risk based, in whole or in part, on the credit history of an applicant or insured in any manner; repealing certain provisions of law authorizing an insurer to use the credit history of an applicant or insured to rate a new policy of private passenger motor vehicle insurance; applying the Act to all private passenger motor vehicle insurance policies issued, delivered, or renewed in the State on or after October 1, 2019; etc.

Tracking Information

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Title

Motor Vehicle Insurance - Use of Credit History in Rating Policies

Sponsors


History

DateChamberAction
2019-01-28SenateHearing 2/12 at 1:00 p.m.
2019-01-25SenateFirst Reading Finance

Subjects


Maryland State Sources


Bill Comments

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