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The NAIC moved forward on a pair of controversial issues last week, voting to revisit the use of consumer credit information to determine insurance rates, as well as approving a modified survey to assess climate risks facing carriers.

Florida CFO Alex Sink said she is "unimpressed" with auto insurers' justifications for using credit information in determining rates, and she voiced support for bills that would ban the practice.

The National Association of Insurance Commissioners Executive Committee has voted to revisit the controversial issue of insurers' use of consumers' credit information to determine their rates.

In the wake of a public hearing, the Connecticut legislature is working on changes in a controversial bill that would ban insurer use of consumer credit scores in underwriting auto policies, a key

Florida regulators grilled insurance representatives last week over what they were doing to make sure their use of consumer credit scores in auto policy underwriting and pricing does not negatively

The Florida Office of Insurance Regulation (OIR) will review testimony on use of consumer credit information as an auto insurance rating factor, but has no timeline yet regarding when, or if, it will

The OIR held the public hearing on insurers' use of credit scoring to obtain information on how insurers use this information in determining auto insurance rates in Florida. The OIR subpoenaed five

Florida's insurance commissioner said he has subpoenaed five national insurers to supply records and testify tomorrow about what they are doing to reduce the impact of credit scoring on consumers who