FIC: Zip Code Rating Repeal Filed in Senate
By: Katrina Callaway, FIC General Counsel On October 3, 2017, Sen. Farmer, a trial lawyer, filed SB 410 which repeals current law allowing zip code rating for auto insurance under specified conditions and as long as the rate is not excessive, inadequate, or unfairly discriminatory. The bill also prohibits insurers from using a single zip…