Summary:

 House Bill 80 (HB 80) prohibits the use of credit, education and occupation information in underwriting, rating, and renewing certain insurance policies. 

Legislation Overview:

 House Bill 80 (HB 80) amends the Personal Insurance Credit Information Act, adding a stipulation that an insurer or group of affiliated insurers authorized to do business in New Mexico that uses credit information to underwrite, rate or renew personal insurance coverage are prohibited from using credit information, insurance scores or an applicant's education or occupation to underwrite, rate or renew an insurance policy for a private passenger automobile, motorcycle or recreational vehicle for personal use. 

Current Law:

 No such prohibition exists in the current statute.