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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. homeowners insurance market, as part of a probe into how they use credit scores to set premium rates. I doubt they will find any intentional discrimination going on, but will that be enough to keep Uncle Sam from restricting or even banning the practice outright?Recommended Stories
Munich Re stops selling pandemic insurance coverage
In addition to significant COVID-19-related losses, the German insurer also recently suffered major claims tied to the Beirut explosion and natural disasters.
Worried about COVID-19? Employers can still require you to return to work
Employees may face pay cuts if they refuse to return to the office amidst the pandemic.
LexisNexis pays $9.8M to Florida over car crash report fees
The company allegedly underreported the number of car crash reports it sold while serving as a vendor to avoid paying state fees.
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