S662 GENERAL BILL by Storms; (CO-INTRODUCERS) Fasano; Garcia (Identical
Insurance [CPSC]; Prohibits an insurer that issues motor vehicle
insurance from using a rate, rating schedule, rating manual, or an
underwriting rule that is not contained in a rating manual and is
determined in whole or in part on the basis of certain characteristics
of an insured. Prohibits the use by insurers of credit reports and
credit scores in making rating determinations. Deletes provisions
authorizing the Financial Services Commission to adopt rules, etc.
EFFECTIVE DATE: 07/01/2010.
11/10/09 SENATE Filed
12/17/09 SENATE Referred to Banking and Insurance; Commerce
03/02/10 SENATE Introduced, referred to Banking and Insurance; Commerce
04/30/10 SENATE Died in Committee on Banking and Insurance