FIC: Auto Insurers Prohibited From Using Credit Information Under Bill
By: Katrina Callaway, FIC General Counsel On October 4, 2017, Sen. Farmer filed another attack on the auto insurance industry. The bill filed, SB 414, prohibits insurers from using credit reports and scores for underwriting and rating for personal lines motor vehicle insurance. Sen. Farmer, a trial lawyer, has also filed bills for consideration…