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HOUSE 2684116th CongressReferred to the House Committee on Financial Services.

FAIR RATES Act of 2019

Last Action
5/10/2019

Actions

  • 2019-05-10Referred to the House Committee on Financial Services.
  • 2019-05-10Introduced in House
  • 2019-05-10Introduced in House

CRS Summary

As of 2019-05-10 (00)

Fair Auto Insurance Ratemaking Reporting to Allow a Transparent Evaluation of Statistics Act of 2019 or the FAIR RATES Act of 2019

This bill directs the Federal Insurance Office (FIO) of the Department of the Treasury to collect private passenger automobile insurance data from certain automobile insurers, federal and state agencies, or other intermediaries. FIO must report on any racial disparities in premium costs and claims payment amounts.

Cosponsors (4)

  • LUCILLE ROYBAL-ALLARD (D-CA)
  • Jamie Raskin (D-MD)
  • Bonnie Watson Coleman (D-NJ)
  • MARCY KAPTUR (D-OH)

Subjects

  • Business records
  • Census and government statistics
  • Congressional oversight
  • Government information and archives
  • Government studies and investigations
  • Inflation and prices
  • Insurance industry and regulation
  • Life, casualty, property insurance
  • Motor vehicles
  • Racial and ethnic relations
  • Transportation costs
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.