Louisiana legislation that would block insurers from using consumer credit records to rate hurricane-impacted residents is set to move to the floor of the state House of Representatives after being approved by its Insurance Committee.

Introduced by Rep. Cedric Richmond, D-New Orleans, House Bill 318 squeaked through the House Insurance Committee in a 7-6 vote.

According to the language of the bill, insurers would be barred from using any 2005 credit information "to underwrite or rate risks for any person who resided in an area that was gubernatorially declared to be in a state of disaster or emergency during" last year.

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