On March 4, 2020 the House Financial Service’s Subcommittee on Housing, Community Development and Insurance will hold a hearing entitled, “Drivers of Discrimination: An Examination of Unfair Premiums, Practices and Policies in the Auto Insurance Industry.”

The Committee Memorandum lists two related legislative proposals. One proposal is H.R. 1756, which “would prohibit the use of a credit report, a credit score, or other consumer credit information in determining auto insurance coverage or rates.”  The second proposal is the FAIR Study Act, which “would require the Director of FIO to annually publish a report that evaluates the presence or absence of disparate impact in auto insurance pricing based on certain categories of individuals.”

The scheduled witnesses are:

• Douglas Heller, Insurance Expert, Consumer Federation of America
• Elizabeth Kelleher Dwyer, Superintendent of Insurance, the State of Rhode Island, on behalf of the National Association of Insurance Commissioners
• Eric Poe, CPA and Chief Operating Office, CURE Auto Insurance
• Sonja Larkin-Thorne, Consumer Advocate (retired)
• Erin Collins, Vice President- State Affairs, National Association of Mutual Insurance Companies