3.__Notice of use of consumer reports.__If consumer reports are used by an insurer, an insurer shall provide written notice to consumers at the time of application for coverage that the insurer uses consumer reports in making underwriting decisions.__The notice must include contact information to allow an applicant to address questions to the insurer relating to credit-based underwriting decisions by the insurer.

4.__Notice of adverse underwriting decisions.__If an insurer makes an adverse underwriting decision using information obtained from a consumer report in compliance with this section, the insurer shall provide the applicant or policyholder with written notice of the adverse underwriting decision.__The notice must also include the following information:

A.__The specific reason for the adverse underwriting decision;

B.__The specific credit-based information used to support the underwriting decision;

C.__Contact information, including name, address and telephone number, for a person employed by the insurer who can answer questions concerning credit-based underwriting decisions made by the insurer;

D.__Contact information, including name, address and telephone number, for the consumer reporting agency that provided the insurer with the credit-based information; and

E.__Statements informing an applicant or policyholder of a consumer's right to obtain a copy of that consumer's consumer report and the right to challenge information contained in that consumer report.

5.__Applicability.__This section applies only to personal automobile insurance and property and casualty insurance.__ This section does not apply to commercial insurance.

SUMMARY

This bill prohibits an insurance company authorized to