A Florida administrative law judge has declared that the Florida Office of Insurance Regulation's rule regarding the use of credit information by insurers is invalid.
According to the OIR, the rule requires all insurers to provide proof that the use of credit information in underwriting does not have a disproportionate effect on any protected class of people.
OIR spokesman Bob Lotane said the department is currently reviewing the 96-page opinion and would in the next couple of days spell out its plan to implement it.
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