Increase Insurance Rate Transparency.
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Progress
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- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
An act modifying the consent and notification requirements for insurance rate deviations, prohibiting the use of credit scoring to rate noncommercial private passenger motor vehicle and residential property insurance, directing the department of insurance to study the gradual reduction of consent to rate deviations by insurers, directing the department of insurance to conduct a public awareness campaign on consent to rate deviations, and appropriating funds to the department of insurance.
Bill text
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