WA People
BILL · 2001–02 SESSION · LATEST VERSION ESHB 2544

HB 2544: Credit history/insurance

Restricting use of credit history.

Summary

  • $ Prohibits insurers from cancelling or refusing to renew a personal insurance policy due to a person's credit history.
  • $ Permits an insurer to consider credit history in the evaluation of a new customer applying for insurance, provided such history is considered in conjunction with other substantive factors.
  • $ Prohibits an insurer from considering certain types of credit history information in the process of underwriting and rate setting.
  • $ Requires insurers to make specified disclosures to a consumer if credit history leads to an adverse action against the consumer.
  • $ Requires an insurer to file its insurance scoring model with the Insurance Commissioner.

From the Substitute House Bill Report (SHB 2544), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 360, Laws of 2002
  1. IntroducedJan 21, 2002
  2. Out of committeeFeb 8, 2002
  3. Passed HouseFeb 18, 2002
  4. Passed SenateMar 5, 2002
  5. GovernorApr 4, 2002
  6. LawApr 4, 2002
Prime sponsor
Mike Cooper (D-21)
Introduced
January 21, 2002 in the House
Last action
April 4, 2002
Session law
Chapter 360, Laws of 2002
Requested by
Governor
Companion bill
SB 6524
Budget
Has a fiscal note
Versions
HB 2544, ESHB 2544

AN ACT Relating to using credit history for insurance purposes;

Sponsors

Prime sponsor: Mike Cooper (D-21)

17 co-sponsors (13 Democrats, 4 Republicans)

Brad Benson R-6Sharon Tomiko Santos D-37Jim Clements R-14Geoff Simpson D-47Jim McIntire D-46Mike Armstrong R-12Senator D-22Sandra Romero D-22Mary Lou Dickerson D-36Dave Upthegrove D-33Maralyn Chase D-32Val Ogden D-49Kathy Haigh D-35Steve Conway D-29Phyllis Gutierrez Kenney D-46Tom Campbell R-2Kelli Linville D-42

Votes

House · Final Passage

Passed February 18, 2002
Version voted on: ESHB 2544
93 Yea 4 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat50000
Republican43401
How each member voted

Yea (93)

Excused (1)

Permalink to this vote

Senate · 3rd Reading & Final Passage

Passed March 5, 2002
Version voted on: ESHB 2544
36 Yea 11 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat24001
Republican121101
How each member voted

Excused (2)

Permalink to this vote

History

  1. Effective date 6/13/2002. (ESHB 2544)
  2. Chapter 360, 2002 Laws. (ESHB 2544)
  3. Governor signed. (ESHB 2544)
  4. Delivered to Governor. (ESHB 2544)
  5. Speaker signed. (ESHB 2544)
  6. President signed. (ESHB 2544)
  7. Third reading, passed; yeas, 36; nays, 11; absent, 0; excused, 2. (ESHB 2544)
  8. Rules suspended. Placed on Third Reading. (ESHB 2544)
  9. Placed on second reading by Rules Committee. (ESHB 2544)
  10. Made eligible to be placed on second reading. (ESHB 2544)
  11. Passed to Rules Committee for second reading. (ESHB 2544)
  12. Minority; do not pass. (ESHB 2544)
  13. LCF - Majority; do pass. (ESHB 2544)
  14. First reading, referred to Labor, Commerce & Financial Institutions. (ESHB 2544)
  15. Third reading, passed; yeas, 93; nays, 4; absent, 0; excused, 1. (ESHB 2544)
  16. Rules suspended. Placed on Third Reading. (ESHB 2544)
  17. Floor amendment(s) adopted. (ESHB 2544)
  18. 1st substitute bill substituted. (ESHB 2544)
  19. 1st substitute bill substituted.
  20. Placed on second reading by Rules Committee. (ESHB 2544)
  21. Placed on second reading by Rules Committee.
  22. FII - Majority; 1st substitute bill be substituted, do pass. (ESHB 2544)
  23. Minority; do not pass. (ESHB 2544)
  24. Passed to Rules Committee for second reading. (ESHB 2544)
  25. FII - Executive action taken by committee.
  26. Passed to Rules Committee for second reading.
  27. Minority; do not pass.
  28. FII - Majority; 1st substitute bill be substituted, do pass.
  29. First reading, referred to Financial Institutions & Insurance.

HB 2544 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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