SB 0054 | Limits Unfair Discrimination in Insurance |
Sponsor: | BANKS | ||
Committee: | INSU | LR Number: | S0236.01I |
Last Action: | 03/01/95 - Hearing Conducted S Insurance & Housing Committee | ||
Title: | |||
Effective Date: | August 28, 1995 | ||
SB 54 - This act increases restrictions against unfair discrimination in property and automobile insurance.
Missouri's current redlining prohibition is broadened to
include automobile insurance. Insurers may not terminate brokers
or agents for geographic reasons, and the exception for when
discrimination is proper is written more precisely. Persons
discriminated against for any of nine reasons under Section
375.936(11), RSMo, can file complaints, and the Director of the
Department of Insurance is required to investigate.
MIKE HOEFERKAMP