The Arkansas House of Represen-tatives passed House Bill 1315, which would bar auto insurers from using credit ratings as a factor in setting auto insurance premiums. Rep. Rick Green, R-Van Buren, sponsored the bill, which passed the House despite concerns from some members that it might lead to higher insurance rates for all Arkansans.
HB 1315 was referred to the Senate Committee on Insurance and Commerce.
Was this article valuable?
Here are more articles you may enjoy.
Camp Mystic Seeks Bankruptcy to Settle Texas Flood Wrongful Death Claims 
What Happens to Property Pricing in ’27, Insurance, Reinsurance Execs Ask 
US House Passes Bill to Extend Federal Terrorism Backstop Through 2034 
Bayer’s Supreme Court Win in Roundup Case No ‘Silver Bullet’ From This Issue
