Fugate introduces bill to stop use of credit scores in insurance rates

Rep. Andy Fugate, D–Del City, intro‑duced House Bill 4286 to prohibit insurance companies from us‑ing a person’s credit history or credit score to determine the rates they pay for insurance.

The measure is designed to protect hardworking Oklaho‑mans who are being priced out of basic financial stability by an insurance system that punishes people for their credit his‑tory rather than their actual ri…