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WV HB5263

Bill

Official Source

Status

Introduced

2/5/2026

Primary Sponsor

Mike Pushkin

Click for details

Origin

House of Delegates

2026 Regular Session

AI Summary

  • Prohibits insurers from declining automobile liability insurance applications based on the number of credit report inquiries or any disputed credit information
  • Bans the use of credit scoring as a factor in calculating rates for homeowners and automobile liability insurance policies
  • Requires that when credit scores are used in casualty insurance rate filings, only scores from banking institutions (as defined in state code) may be considered
  • Adds protections allowing applicants to dispute the accuracy of credit report information used in insurance decisions
  • Amends West Virginia Code sections §33-6B-3, §33-20-3, and §33-20-5 governing insurance declinations and ratemaking standards

Legislative Description

Relating to use of credit scores in applications for insurance

Insurance

Last Action

To House Finance

2/5/2026

Committee Referrals

Finance2/5/2026

Full Bill Text

No bill text available