NU Online News Service, Dec. 19, 11:52 a.m. EST
Progressive Direct has agreed to pay a $125,000 fine to Massachusetts because the automobile insurer told consumers it had used credit information to determine rates.
The state banned the use of credit scores and other socioeconomic factors several years ago as it looked to implement a "managed competition" auto-insurance market under former Insurance Commissioner Nonnie Burnes, replacing the system at the time where the state set rates.
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