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92_HB3554 LRB9206458JSpc 1 AN ACT concerning insurance. 2 Be it enacted by the People of the State of Illinois, 3 represented in the General Assembly: 4 Section 5. The Illinois Insurance Code is amended by 5 adding Section 155.37 as follows: 6 (215 ILCS 5/155.37 new) 7 Sec. 155.37. Underwriting practice; credit scoring 8 prohibited. 9 (a) A company may not utilize credit scoring as a 10 criterion in its underwriting standards. 11 (b) As used in this Section, "credit scoring" means the 12 utilization of a risk assessment methodology that results in 13 the placement of an insured or proposed insured into a 14 predetermined category for purposes of deciding whether to 15 extend coverage to the insured or proposed insured.