WV HB2613 | 2019 | Regular Session

Note: Carry Foward to future HB2613

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 23 2019 - 25% progression, died in committee
Action: 2019-01-23 - To House Banking and Insurance
Pending: House Banking & Insurance Committee
Text: Latest bill text (Introduced) [HTML]

Summary

The purpose of this bill is to limit the use of a credit score to banking institution credit scoring for casualty insurance rate filings. The bill prohibits the use of credit scoring as a consideration in calculating insurance rates in homeowners or automobile liability policies. The bill prohibits the number of inquiries reflected in a credit report, credit score report or CLUE report from adversely affecting an application for insurance. The bill prohibits reliance on information which is false or potentially false. The bill limits the use of a credit score in casualty insurance rate filings.

Tracking Information

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Title

Prohibiting the number of inquiries reflected in a credit report, credit score report or CLUE report from adversely affecting an application for insurance

Sponsors


History

DateChamberAction
2019-01-23HouseTo House Banking and Insurance
2019-01-23HouseIntroduced in House
2019-01-23HouseTo Banking and Insurance then Finance
2019-01-23HouseFiled for introduction

Same As/Similar To

HB2613 (Carry Over) 2019-01-23 - To House Banking and Insurance

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
33203Amended CodeCitation Text
33205Amended CodeCitation Text
336B3Amended CodeCitation Text

West Virginia State Sources


Bill Comments

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