PA HB657

Prohibits insurers and insurance producers from using an individual's credit history to deny coverage, set higher premiums, cancel policies, or refuse to renew personal insurance (homeowner, auto) or life insurance

Authorizes the Insurance Department to suspend or revoke licenses, impose civil penalties up to $5,000 per violation, issue cease and desist orders, or impose other conditions for violations

Defines "credit history" as any communication from a consumer reporting agency about creditworthiness, credit standing, or credit capacity used in establishing insurance premiums or eligibility

Takes effect 60 days after enactment