February 04, 2022 1 min read

Groups urge Nevada Supreme Court to uphold Regulation Temporarily Banning the Use of Credit Information from Increasing Insurance Premiums

CFA TC

Consumer Federation of America and the Center for Economic Justice submitted an amicus brief urging the Nevada Supreme Court to uphold Nevada's regulation temporarily banning the use of credit information from increasing insurance premiums. This rule will stop unfair discrimination caused by the COVID-19 pandemic, protect consumers from excessive premium hikes, and promote racial equality and fairness in insurance markets.

In early 2020, Insurance Commissioner Barbara Richardson issued this Regulation R087-20, which forbids the use of credit information in insurance starting on March 1, 2020 and extending until two years after the end of Nevada’s emergency declaration. Insurance companies sued to block the rule, which is currently being reviewed by the Nevada Supreme Court."

Related Articles

CFA TC
March 25, 2026 / Testimony & Comments
CFA Urges Pennsylvania To Ban Credit Scores in Personal and Life Insurance
CFA TC
March 23, 2026 / Testimony & Comments
Consumer Federation of America Calls on Maryland Legislators to Continue and Strengthen Auto Insurance Workgroup
CFA TC
March 10, 2026 / Testimony & Comments
In Letter to Georgia Legislature, CFA Urges Passage of the Georgia Insurance Consumer Protection Act
CFA TC
March 05, 2026 / Blogs
Rising Insurance Costs Are Harming Homeowners. Congress Can Take Action to Combat That