NU Online News Service, July 16, 3:43 p.m.EDT
The National Conference of Insurance Legislators has amended itsmodel credit scoring legislation to require that insurers give abreak to people hit by extraordinary events such as job loss andserious illness.
Under the change, carriers would have to provide an exemptiontaking into account unusual financial impacts from "extraordinarylife circumstances," particularly with respect to the fallout fromthe current economic crisis, when rating customers.
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