This post is part of a series sponsored by TransUnion. Social and regulatory attention has been using fairness and equity as a lens to evaluate the outcomes of existing processes like insurance underwriting. For example, a new law in Colorado, …
This post is part of a series sponsored by TransUnion. Unprecedented economic disruption puts credit-based scoring to the test — and it passed with flying colors. With the Coronavirus Aid, Relief and Economic Security (CARES) Act in 2020, the United …
This post is part of a series sponsored by TransUnion. Insurance pricing is a complex, multi-variate process. One important variable in the mix is a credit-based insurance score (hereafter, insurance risk score). That’s not the same thing as a credit …
This post is part of a series sponsored by TransUnion. Credit-based insurance risk scores draw from credit data to more accurately assess consumer risk and improve the underwriting process Today, credit-based insurance scores are widely used by the personal property …
