Arizona: Insurance Scoring Bill Fails to Pass Bill Cut-off Deadline, Dies in Committee

An insurance scoring adverse action notice bill and credit history use bill formally died in committee on March 6, the House bill cut-off deadline for bills to come out of their assigned legislative committees.

HB 2635 was assigned to the House Committee on Commerce, the House Committee on Rules, and the House Committee on Financial Institutions and Insurance on Jan. 31.

“Fortunately for insurance consumers, HB 2635 was pretty much dead-on-arrival this session,” said Christian j. Rataj, NAMIC’s Western state affairs manager, “because legislators in Arizona understand that the proposed legislation would have needlessly interfered with the current credit-based insurance scoring system in the state, conflicted with federal law on adverse action notification, and created underwriting problems that would have hindered carriers in their ability to provide consumers with fair and equitable risk-based insurance rates.”

Direct questions to NAMIC State Affairs Manager Christian J. Rataj.

Posted: Tuesday, March 11, 2008 12:00:00 AM. Modified: Wednesday, March 12, 2008 11:21:20 AM.

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We are 1,400 property/casualty insurance companies serving more than 135 million auto, home and business policyholders, with more than $196 billion in premiums accounting for 50 percent of the automobile/homeowners market and 31 percent of the business insurance market. We are the largest and most diverse property/casualty trade association in the country, with regional and local mutual insurance companies on main streets across America joining many of the country’s largest national insurers who also call NAMIC their home. More than 200,000 people are employed by NAMIC members.