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State Senate passes restitution, credit scoring study bills
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OLYMPIA, Wash. — The Washington State Senate passed three bills with insurance implications Monday.
The legislation moving to the House of Representatives includes a bill giving the state Insurance Commissioner the authority to order restitution to harmed policyholders; a bill studying the impacts of insurance rating factors, including credit scores; and a technical cleanup bill.
“This is great news for the people of Washington,” state Insurance Commissioner Patty Kuderer said. “These consumer protection bills take important steps to hold insurance companies accountable for how they treat their policyholders and how my office is able to enforce violations of our insurance laws.”
The Senate also passed a bill modifying the authority for fire loss insurance data on Friday.
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