Depressed Businessman “Clearly, today’s ruling is disappointing for Washington consumers,” Washington State Insurance Commissioner Mike Kreidler said in a release. “I adopted the credit scoring rule because I believed it was good public policy and would protect policyholders financially impacted during the pandemic. Unfortunately, the court has ruled otherwise, saying I acted in good faith, but misinterpreted our authority.” (Credit: Andrey Popov/Adobe Stock)

Thurston County Superior Court Judge Indu Thomas ruled that Washington State Insurance Commissioner Mike Kreidler exceeded his authority when he issued a permanent rule banning the use of credit-based insurance scores.

The most recent ruling keeps in place a stay on the credit scoring rule, according to the Office of the Insurance Commissioner for Washington state.

Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected].  

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