BB-UW-0078 HOLD

"If any person takes any adverse action with respect to any consumer that is based in whole or in part on any information contained in a consumer report, the person shall (1) provide oral, written, or electronic notice of the adverse action to the consumer; (2) provide to the consumer written or electronic disclosure of a numerical credit score [used in taking the adverse action, with the information required by § 1681g(f)(1)]; (3) provide to the consumer orally, in writing, or electronically (A) the name, address, and telephone number of the consumer reporting agency ... that furnished the report ... and (B) a statement that the consumer reporting agency did not make the decision to take the adverse action and is unable to provide the consumer the specific reasons why the adverse action was taken; and (4) provide ... notice of the consumer's right (A) to obtain ... a free copy of a consumer report ... within 60 days ... and (B) to dispute ... the accuracy or completeness of any information in a consumer report."

"a denial or cancellation of, an increase in any charge for, or a reduction or other adverse or unfavorable change in the terms of coverage or amount of, any insurance, existing or applied for, in connection with the underwriting of insurance."

"(a) If, based in whole or in part on information contained in a credit report, an insurer takes an action resulting in an adverse effect with respect to an applicant for insurance coverage or insured, the insurer shall provide to the applicant or insured within 30 days: (1) written or electronic notice of the action resulting in an adverse effect and the reasons for that action; (2) the name, address, and telephone number of the consumer reporting agency ...; (3) ... notice that the consumer reporting agency did not make the decision ...; (4) ... notice of the applicant's or insured's right to: (A) obtain a free copy of the consumer's credit report ... during the 60-day period after the date of the notice; and (B) dispute ... the accuracy or completeness of any information ... (b) In the notice described by Subsection (a)(1), an insurer shall include a description of not more than four factors that were the primary influences of the action resulting in the adverse effect. (c) The use by an insurer of a generalized term such as 'poor credit history,' 'poor credit rating,' or 'poor credit score' does not constitute sufficient notice under this section ..."

"'Adverse effect' means an action taken by an insurer in connection with the underwriting of insurance for a consumer that results in the denial of coverage, the cancellation or nonrenewal of coverage, or the offer to and acceptance by a consumer of a policy form, premium rate, or deductible other than the policy form, premium rate, or deductible for which the consumer specifically applied."