The American Property Casualty Insurance Association (APCIA) says that credit-based insurance scores are an "important risk-based rating tool that has been in place for nearly 20 years for the benefit of consumers." (apichon_tee/Adobe Stock) The American Property Casualty Insurance Association (APCIA) says that credit-based insurance scores are an "important risk-based rating tool that has been in place for nearly 20 years for the benefit of consumers." (apichon_tee/Adobe Stock)

Credit-based scoring drew scrutiny recently when Washington State Insurance Commissioner Mike Kreidler issued an emergency order prohibiting insurers from relying on this practice to set personal insurance policy rates.

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Elana Ashanti Jefferson

Elana Ashanti Jefferson serves as ALM's PropertyCasualty360 Group Chief Editor. She is a veteran journalist and communications professional. Reach her by sending an e-mail to [email protected].

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