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Bill > HB2211


PA HB2211

PA HB2211
Providing for prohibited activities related to use of credit history of insured.


summary

Introduced
04/15/2024
In Committee
04/15/2024
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

2023-2024 Regular Session

Bill Summary

Amending Title 40 (Insurance) of the Pennsylvania Consolidated Statutes, providing for prohibited activities related to use of credit history of insured.

AI Summary

This bill amends Pennsylvania's insurance laws to prohibit insurers and insurance producers from denying, providing higher premiums, cancelling, refusing to renew, or raising the premiums of personal insurance or life insurance based on an insured's or prospective insured's credit history. The bill outlines enforcement mechanisms, including the ability for the Department of Insurance to suspend, revoke, or refuse to renew the certificate or license of offending parties, impose civil penalties, and issue cease and desist orders. The bill also defines key terms such as "credit history" and "personal insurance."

Committee Categories

Business and Industry

Sponsors (14)

Last Action

Referred to INSURANCE (on 04/15/2024)

Bill Topics

Banking, Finance, and Domestic Commerce
  • ‐ Insurance Regulation

bill text


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