Last Action | to Banking & Insurance (H) |
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Title | AN ACT relating to the use of credit information for the purpose of increasing the premium for an automobile insurance policy. |
Bill Documents |
Bill
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Bill Request Number | 128 |
Sponsor | T. Pullin |
Summary of Original Version | Create a new section of Subtitle 13 of KRS Chapter 304 to prohibit a motor vehicle insurer that uses credit ratings or scores for underwriting purposes to use credit information for persons aged (65) years and older if there will be an increase in premium for the insured. |
Index Headings of Original Version |
Insurance - Motor vehicle, prohibit use of credit information for insureds age 65 and older Insurance, Motor Vehicle - Credit scores for underwriting purposes, prohibit use for insureds age 65 and older Aged Persons and Aging - Credit scores for underwriting purposes, prohibit use for insureds age 65 and older |
02/23/15 |
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02/24/15 |
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Last updated: 1/16/2019 3:10 PM (EST)