Risk management company Insurance Services Office's Automobile-Property Loss Underwriting Service (A-PLUS) unit and global information services company TransUnion have together developed the new Credit Loss History Score, a risk score to provide insight to property and auto insurance underwriting and policy renewals. CLHS was developed using TransUnion's analytics and extensive consumer credit history database and the A-PLUS industrywide claim loss history database, which combines two data sources in one risk score.

The CLHS score is available to insurance agents and consumers and includes all the elements that impact a score. Insurance applicants will receive a numerical insurance score and four specific and detailed scoring factors. Each factor describes for the applicant how the score was affected and the highest value for each factor.

According to the companies, compared with credit-only insurance risk scores, CLHS provides as much as a 95 percent improvement in identifying the amount of risk for a property policy applicant and as much as a 34 percent improvement for an auto policy applicant.

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