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A.  Insurers that use insurance-related scoring systems to underwrite and rate risks shall file their scoring models or other scoring processes with the Department of Insurance.  A third party may file scoring models on behalf of insurers.  A filing that includes insurance scoring may include loss experience justifying the use of credit information.

B.  Any filing relating to credit information is considered a trade secret under La. Rev. Stat. 51:1431.

Acts 2003, No. 1256, §1; Redesignated from La. Rev. Stat. 22:1490 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.

NOTE:  Former La. Rev. Stat. 22:1510 redesignated as La. Rev. Stat. 22:1151 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.