Credit scoring use still an issue for officials, consumer groups But industry groups say the battle has become less ‘onerous’ but it’s not over in some states The recent release in late July of a long-awaited Federal Trade Commission (FTC) …
A ruling by the Alaska State Supreme Court requiring insurers to re-rate all policies at the very first renewal as if credit information was never considered will have the unintended result of forcing good insurance risks to pay more — …
Ranking physicians “Transparency and accurate information are essential when consumers make healthcare decisions. We will ensure that insurance companies are not obscuring important facts at the consumers’ expense.” — New York Attorney General Andrew M. Cuomo warning two major health …
The recent release in late July of a long-awaited Federal Trade Commission (FTC) study on the use of credit scoring for underwriting and rating purposes did nothing to put to rest the controversy over its use by insurance companies. The …
Massachusetts Insurance Commissioner Nonnie Burnes says four insurers not now writing auto insurance in the state have said they will enter if her plan to allow competitive pricing goes forward. Burnes is not naming the companies but when asked if …
A ruling by the Alaska State Supreme Court requiring insurers to re-rate all policies at the very first renewal as if credit information was never considered will have the unintended result of forcing good insurance risks to pay more – …
Massachusetts lawmakers are anxious about the Patrick Administration’s decision to try competitive rating in auto insurance in 2008 but have stopped short of asking Insurance Commissioner Nonnie Burnes to halt her transition plan. At a hearing in Boston, several senators …
You’ve just been laid off from your job. Or your daughter has a major medical problem that your health insurance (if you have any) doesn’t fully cover. Or you’ve just gotten a divorce. These three life events account for 87 …
You’ve just been laid off from your job. Or your daughter has a major medical problem that your health insurance (if you have any) doesn’t fully cover. Or you’ve just gotten a divorce. These three life events account for 87 …
A national consumer group stepped up its criticism of a recent government report on the use of credit scoring by auto insurers, claiming that the Federal Trade Commission report confirms that African American and Hispanic drivers pay more for auto …
