SB 12 (BR 258) - E. Scorsone
AN ACT relating to insurance risk scores.
Create a new section of Subtitle 13 of KRS Chapter 304 to prohibit an insurer from basing rates, in whole or in part, on the use of insurance risk scores unless the method for calculating the score is filed in support of a rate filing with the commissioner of insurance and the commissioner determines that the score has a substantial relationship to risk of loss; provide that the method for calculating the score is not open to public inspection.
(Prefiled by the sponsor(s))
Jan 7-introduced in Senate
Jan 10-to Banking and Insurance (S)