12 States Target Credit Scoring For Study

A multi-jurisdiction study on the controversial use of customer credit background by insurers to assess underwriting risk has been launched, with 12 states asking carriers for data on the issue.

Meanwhile, efforts to secure a ban on credit scoring that were announced on April 26 by Michigan's governor and in January by Missouri's governor appeared unlikely to overcome legal and legislative roadblocks.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.