Abstract: Prohibits the use of certain rating factors in automobile insurance underwriting.
Present law prohibits inadequate or unfairly discriminatory rates in a competitive market.
Present law prohibits rates from being excessive, inadequate, or unfairly discriminatory in a
noncompetitive market.
Present law authorizes risk classification based on any criteria except race, color, creed, or nation
origin.
Proposed law retains present law and further prohibits risk classification based on a person's credit
information, education level, employment, trade, business, occupation, or profession.
Present law regulates the use of credit information for personal insurance.
Proposed law repeals present law.
(Amends R.S. 22:1454(A); Repeals R.S. 22:1501-1514)

Statutes affected:
HB467 Original: 22:1454(A)