HB 1961 -- Insurance Underwriting Restrictions
This bill prohibits an insurer using a consumer's zip code as a
factor in underwriting insurance from taking an adverse action
based on that factor without consideration of another factor not
related to the consumer's zip code. Adverse action includes, but
is not limited to, cancellation, denial, or nonrenewal of
personal insurance coverage; charging a higher premium than would
have been offered if the consumer's zip code had been more
favorable; or any reduction, adverse, or unfavorable change in
the terms of coverage or amount of any personal insurance due to
a consumer's zip code.
These provisions will apply to all contracts entered into on or
after January 1, 2013.
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Missouri House of Representatives
Last Updated April 10, 2012 at 10:16 am