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Nine carriers that control 60 percent of the U.S. homeowners insurance market have agreed to comply with a Federal Trade Commission subpoena requesting additional information on how credit scoring

In case you missed the news during the New Year's holiday, the Federal Trade Commission subpoenaed nine carriers that control 60 percent of the U.S. ...

WASHINGTON--Democrats have emerged from the election not only with control of the White House, but with a workable majority in Congress as they prepare to deal with a faltering economy and several insu

As a fifth-generation principal, I could probably rely on our eight-person agency's reputation and continue doing business just as we have for more than 100 years. However, that's not me. Yes, I enjoy serving customers. I'm

With the number of home mortgage defaults and foreclosures continuing to soar, and a ripple effect reverberating through the auto loan and credit card sector, we are witnessing some of the worst

Insurers have filed an appeal against the Michigan Supreme Court to fight a decision that would forbid credit-based insurance scoring in underwriting. The ruling, made by a state appellate court, reverses a 2005 ruling that permitted companies

The future of credit scores as an underwriting tool may hinge on the extent that credit-based underwriting has a disparate impact on minorities, according to comments made at a House Financial

WASHINGTON--Five insurance industry trade groups defended carriers' utilization of credit records to set personal lines insurance rates and warned that barring their use would create major disruptions