(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. Acts 2003, No. 1452, § 2. (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. Acts 2003, No. 1452, § 2. (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. Acts 2003, No. 1452, § 2. (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. (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. Acts 2003, No. 1452, § 2.
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