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Committee advances bill requiring insurers to disclose use of credit information in personal insurance
3552315 · May 28, 2025
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Summary
Senate Bill 61, as amended, requires insurers to notify consumers when credit information may be used in underwriting and to provide a consumer’s credit‑based insurance score and explanatory information with quotes; committee adopted amendments and reported the bill.
The House Insurance Committee on May 28 adopted amendments to Senate Bill 61 and reported the bill to the full House. The measure would require insurers to disclose to consumers when credit information may be obtained and used in underwriting or rating certain personal insurance policies and to provide consumers…
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