Ark. Code § 23-67-409

Current with legislation from 2024 Fiscal and Special Sessions.
Section 23-67-409 - Filing
(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.

Ark. Code § 23-67-409

Acts 2003, No. 1452, § 2.