AK HB367

Prohibits insurers from using a consumer's credit history to underwrite, rate, or determine insurance premiums or eligibility for coverage

Defines "consumer" as an individual policyholder or applicant for insurance for personal, family, or household purposes

Defines "credit history" as any written, oral, or other communication relating to a consumer's creditworthiness, credit standing, or credit capacity from credit reporting agencies or other sources

Allows consumers to waive the prohibition on using credit history if they choose to do so

Repeals AS 21.39.035 and AS 45.48.210(a)(11)