Illinois HB1234 amends the Commission on Discrimination and Hate Crimes Act to include researching discriminatory insurance ratemaking practices.
Illinois HB1234 amends the Commission on Discrimination and Hate Crimes Act by expanding the purposes of the Commission. The Commission is now tasked with researching and identifying any discriminatory practices used by insurance companies in the ratemaking process for home insurance and automobile insurance. This includes examining the use of zip codes, credit scores, and age that result in inequitable rates being assessed to certain populations.
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