AK SB127

Insurers are prohibited from failing to renew personal insurance policies based on a consumer's credit history or insurance score

Insurers cannot cancel, deny, underwrite, or rate personal insurance based on specific credit-related factors including medical collection accounts, credit card type, total available credit lines, or inquiries not initiated by the consumer

Insurance scores cannot be calculated using income, age, sex, address, zip code, ethnicity, religion, marital status, or nationality as factors

Consumers experiencing extraordinary life circumstances (catastrophes, serious illness, death of family member, divorce, identity theft, involuntary job loss, or military deployment) may request reasonable exceptions to insurance rates and underwriting rules within 60 days of application or renewal

Insurers must notify consumers about available exceptions and provide written notification within 30 days of receiving sufficient documentation of qualifying circumstances