NU Online News Service, March 29, 2:38 p.m. EDT
DENVER–A first step toward a model law to regulate sellers of credit scoring products used by insurers has been taken by the National Association of Insurance Commissioners.
An NAIC committee meeting here last week approved a request to develop legislation to regulate insurance scoring vendors with the aim of establishing oversight and examination of entities that provide information used by insurers in both pricing and underwriting.
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