Insurance-use of credit information.

08LSO-0358.L1

FISCAL NOTE

No significant fiscal or personnel impact.

This bill prohibits insurers from using credit scores as a basis to set premiums for an insurance policy or to cancel, deny or not renew an insurance policy.  It does not appear to have any fiscal impact on the State.

Prepared by:  Kelley Shepp, LSO   Phone:  (307)777-7881

(Information provided by Ken Vines, Insurance Department,

Phone 777-6894)