General Assembly Proposed Bill No. 6248
January Session, 2021 LCO No. 2131
Referred to Committee on INSURANCE AND REAL ESTATE
Introduced by:
REP. PHIPPS, 100th Dist.
AN ACT PROHIBITING INSURANCE COMPANIES FROM USING
CREDIT HISTORY AS A FACTOR IN UNDERWRITING OR RATING
PRIVATE PASSENGER NONFLEET AUTOMOBILE INSURANCE
POLICIES.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:
1 That section 38a-686 of the general statutes be amended to prohibit
2 insurance companies from using an applicant's or insured's credit
3 history as a factor in underwriting or rating private passenger nonfleet
4 automobile insurance policies.
Statement of Purpose:
To prohibit insurance companies from using an applicant's or insured's
credit history as a factor in underwriting or rating private passenger
nonfleet automobile insurance policies.
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