H.R.4885: FAIR RATES Act of 2018

About This Bill

Bill Version

Bill Summary

Fair Auto Insurance Ratemaking Reporting to Allow a Transparent Evaluation of Statistics Act of 2018 or the FAIR RATES Act of 2018 This bill directs the Federal Insurance Office (FIO) of the Department of the Treasury to collect private passenger automobile insurance data from certain automobile insurers, federal and state agencies, or other intermediaries. FIO must report on any racial disparities in premium costs and claims payment amounts.

(Source: Library of Congress)

Bill Actions

Date Description
Jan. 25, 2018
Referred to the House Committee on Financial Services.
Jan. 25, 2018

Introduced in the House by Mark Takano (D-Calif.)

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