Texas Study Finds Credit Score, Claims Link

NU Online News Service, Jan. 4, 3:05 p.m. EST?A "groundbreaking" Texas study on insurers' use of credit scores found a strong relationship between credit scores and claims experience and showed that blacks and Hispanics tend to have worse credit scores than other ethnic groups.[@@]

The study, published by the Texas Insurance Department this week, was legislatively mandated?the Texas lawmakers had requested the study during their 2003 legislative session, when insurers' use of credit scoring was a top issue.

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