HB5263

West Virginia HB5263 limits the use of credit scores in insurance applications, particularly for casualty insurance.

West Virginia HB5263 amends the state's insurance code to restrict the use of credit scores in insurance applications. The bill mandates that only credit scores from banking institutions can be used in casualty insurance rate filings. It also prohibits the use of information that is false or potentially false in these filings. Additionally, the bill prohibits insurers from declining applications for private passenger automobile liability insurance based on certain factors, including race, religion, nationality, ethnic group, lawful occupation, principal location of the insured motor vehicle.