Introduced Version
House Bill 2282 History
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Key: Green = existing Code. Red = new code to be enacted
H. B. 2282
(By Delegates Ellem and Moore)
[Introduced February 13, 2013; referred to the
Committee on Banking and Insurance then the Judiciary.]
A BILL to amend the Code of West Virginia, 1931, as amended, by
adding thereto a new section, designated §33-11-5b, relating
to prohibiting the use of a person's credit history for
insurance purposes.
Be it enacted by the Legislature of West Virginia:
That the Code of West Virginia, 1931, as amended, be amended
by adding thereto a new section, designated §33-11-5b, to read as
follows:
ARTICLE 11. UNFAIR TRADE PRACTICES.
§33-11-5b. Use of credit history prohibited.
_____With respect to insurance policies for passenger motor
vehicles, residential property or other personal insurance lines,
no person may:
_____(1) Refuse to underwrite, cancel, refuse to renew a risk or increase a renewal premium based, in whole or in part, on the
credit history of an applicant for insurance or an insured person;
_____(2) Rate a risk based, in whole or in part, on the credit
history of an applicant for insurance or an insured person in any
manner, including, but not limited to, the provision or removal of
a discount, assigning an applicant or insured person to a rating
tier, or placing an applicant or insured person with an affiliated
company; or
_____(3) Require a particular payment plan based, in whole or in
part, on the credit history of the applicant for insurance or the
insured person.
NOTE: The purpose of this bill is to prohibit the use of a
person's credit history in insurance transactions.
This section is new; therefore, it has been completely
underscored.
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