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Bill

HB 3423

Relating to information permitted for insurer's decisions concerning motor vehicle liability insurance; prescribing an effective date.

2025 Regular Session Introduced by Sara Gelser Blouin and 3 co-sponsors

HB 3423 restricts data Oregon insurers can use for motor vehicle liability insurance decisions, aiming to limit unfair rating practices and improve coverage accessibility.

In committee upon adjournment.
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WeVote Research Nonpartisan
Bill Summary · HB 3423

Legislative bill overview

HB 3423 would regulate what information insurance companies can use when making decisions about motor vehicle liability insurance rates and coverage eligibility in Oregon. The bill appears designed to restrict insurers from using certain data points or criteria deemed unfair or discriminatory in setting premiums or determining coverage.

Why is this important

Insurance rates directly affect Oregon drivers' out-of-pocket costs and access to required coverage. Restrictions on rating factors can make insurance more affordable for some groups but may shift costs elsewhere or reduce competition. This intersects with broader debates about insurance equity, algorithmic fairness, and regulatory oversight of the insurance industry.

Potential points of contention

  • Definition of permissible data: Disagreement likely exists over which rating factors are legitimate business practices versus unfair discrimination (e.g., credit scores, zip codes, driving history depth)
  • Consumer cost impact: Insurers may argue restrictions limit pricing accuracy and increase rates overall; consumer advocates may counter that current practices unfairly penalize lower-income or minority communities
  • Market competition effects: Uncertainty about whether restrictions will encourage or discourage insurers from operating in Oregon, potentially affecting market availability

Compiled from official sources — confirm details with the bill’s official record.

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