Tex. Ins. Code § 559.101

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 559.101 - Negative Factors

An insurer may not use any of the following as a negative factor in any credit scoring methodology or in reviewing credit information to underwrite or rate a policy of personal insurance:

(1) a credit inquiry that is not initiated by the consumer;

(2) an inquiry relating to insurance coverage, if so identified on a consumer's credit report; or

(3) a collection account with a medical industry code, if so identified on the consumer's credit report.

Tex. Ins. Code § 559.101

Added by Acts 2005, 79th Leg., Ch. 728, Sec. 11.020(a), eff. 9/1/2005.