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| | | An Act To Ensure Fairness Regarding Use of Consumer Credit |
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| | | Reports in Insurance Underwriting |
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| | | Be it enacted by the People of the State of Maine as follows: |
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| | | Sec. 1. 24-A MRSA §2169-B is enacted to read: |
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| | | §2169-B.__Use of consumer reports in insurance underwriting |
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| | | 1.__Definitions.__As used in this section, unless the context | | otherwise indicates, the following terms have the following | | meanings. |
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| | | A.__"Adverse action" means a denial or cancellation of, an | | increase in any charge for or a reduction or other adverse | | or unfavorable change in the terms of coverage or amount of | | any insurance, existing or applied for, in connection with | | the underwriting of personal insurance. |
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| | | B.__"Applicant" means an individual who has applied to be | | covered by a personal insurance policy with an insurer. |
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| | | C. "Consumer" means an individual insured whose credit | | information is used or whose insurance score is calculated | | in the underwriting or rating of a personal insurance policy | | or an applicant for a personal insurance policy. |
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| | | D.__"Consumer report" has the same meaning as in Title 10, | | section 1312, subsection 3. |
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