SAN DIEGO – The National Association of Insurance Commissioners Executive Committee has voted to revisit the controversial issue of insurers’ use of consumers’ credit information to determine their rates.

At the NAIC’s Spring Meeting here, the group approved permission for the Property-Casualty Committee and the Market Regulation and Consumer Affairs Committee to combine and take testimony on the issue of credit scoring.

An ongoing hot button issue that has previously been examined by the NAIC, credit scoring is opposed by those who say it unfairly penalizes lower income and minority groups and fails to factor in special circumstances, such as a major medical expense that impacts a credit record.

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