Insurance; credit information; credit-based insurance scores; restricted; effective date.

HB 4286 prohibits Oklahoma insurance companies from using credit information or credit-based insurance scores to deny, cancel, nonrenew, or set rates for personal insurance policies (like auto or home insurance). This directly affects consumers who purchase personal insurance in Oklahoma, as insurers can no longer factor in credit history for these decisions. The bill also clarifies that insurers may still use their own payment history or claims records, and it amends fee-related sections to ensure transparency about charges like membership fees. The law takes effect November 1, 2026.