The bill amends Section 27-9-4 of the General Laws in Chapter 27-9, titled "Casualty Insurance Rating," to introduce new provisions regarding the establishment of insurance rates and the cancellation of policies. The key change includes a stipulation that no insurance group carrier or company issuing motor vehicle liability insurance shall utilize the zip code of where an insured lives when calculating their policy premium. This aims to eliminate potential discrimination based on geographic location. The act is set to take effect upon passage.

Statutes affected:
766: 27-9-4