Alex Hageli, manager of personal lines for the Property Casualty Insurers Association of America, listed the following bills that have been introduced as of Feb. 29 to ban the use of credit scoring
Insurance industry representatives regularly cite the Federal Trade Commission's study on insurance scoring as evidence that credit information is an accurate predictor of risk. The study's findings
The collapse of the housing market and the severe downturn in the economy could reignite insurance scoring battles in state legislatures and in Congress, according to consumer groups, which expect
The Property Casualty Insurers Association of America plans to fight House legislation to eliminate credit scoring as an underwriting criterion, by arguing that the measure would mean higher insurance
"Insurance companies are increasingly and alarmingly using credit information contained in credit reports to determine whether and at what price to offer personal lines of property and casualty insura
"Insurance companies are increasingly and alarmingly using credit information contained in credit reports to determine whether and at what price to offer personal lines of property and casualty insura
The Wisconsin Senate dismayed insurance interests yesterday by passing a bill that would ban the use of customer credit records to set an individual's auto or home insurance rates. The bill now goes t
The Wisconsin Senate dismayed insurance interests yesterday by passing a bill that would ban the use of customer credit records to set an individual's auto or home insurance rates. The bill now goes t
"The vote to defeat HB 1143 is proof that legislators in the state see that the proposed credit-based insurance scoring ban would have adversely impacted market competition in the state, forced rate
"The vote to defeat HB 1143 is proof that legislators in the state see that the proposed credit-based insurance scoring ban would have adversely impacted market competition in the state, forced rate s