AN ACT PROHIBITING THE USE OF CREDIT HISTORIES AS A FACTOR IN UNDERWRITING OR RATING PRIVATE PASSENGER MOTOR VEHICLE INSURANCE POLICIES.


General Assembly		*Proposed Bill No. 5510*
*January Session, 2013*		LCO No. 1714

Referred to Committee on INSURANCE AND REAL ESTATE
Introduced by:
REP. ZONI, 81st Dist.

AN ACT PROHIBITING THE USE OF CREDIT HISTORIES AS A FACTOR IN UNDERWRITING OR RATING PRIVATE PASSENGER MOTOR VEHICLE INSURANCE POLICIES.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That title 38a of the general statutes be amended to prohibit the use of an applicant's credit history as a factor in underwriting or rating a private passenger motor vehicle insurance policy.

Statement of Purpose:

To prohibit the use of an applicant's credit history as a factor in underwriting or rating a private passenger motor vehicle insurance policy.