(a) (1) Insurers that use credit scores to underwrite or rate risks shall file their scoring models or other scoring processes with the State Insurance Department.
(2) A third party may file scoring models on behalf of insurers.
(3) A filing that includes credit scoring shall include loss experience justifying the use of credit information.
(b) Any proprietary consumer report scoring system or model filed with the Insurance Commissioner under this subchapter shall remain confidential unless otherwise directed by a court order.
Section: Previous 23-67-402 23-67-403 23-67-404 23-67-405 23-67-406 23-67-407 23-67-408 23-67-409 23-67-410 23-67-411 23-67-412 23-67-413 23-67-414 23-67-415 NextLast modified: November 15, 2016