AZ HB2017

Amends Arizona Revised Statutes section 20-2110 regarding adverse underwriting decisions in insurance transactions.

Requires insurance institutions or producers to provide applicants with specific reasons for adverse underwriting decisions in writing, or advise them in writing that they may request such reasons within 90 business days.

Prohibits insurers from using certain credit history factors to calculate insurance scores for property and casualty insurance, including medical collection accounts, bankruptcies over 7 years old, and specific types of credit card usage unless actuarially justified.

Prevents insurers from calculating insurance scores based on income, gender, ethnic group, religion, marital status or nationality, though underwriting may still consider gender, marital status and address information for other purposes.

Allows insurers to withhold specific privileged information only when they have reasonable suspicion of criminal activity, fraud, material misrepresentation or material nondisclosure by the applicant.