Credit Scoring News

Fair Isaac to Adjust Credit Scores to Stem Credit Renting Practice

Fair Isaac Corp. said this week tha the next version of its widely used FICO score will no longer consider certain types of credit card accounts, closing a loophole that allowed strangers to coattail on a cardholder’s good credit. The …

N.H. ADDRESSES HANDLING RISKS WITHOUT SOCIAL SECURITY NUMBERS

Personal auto insurance carriers in New Hampshire can’t refuse to quote a policy if the insured refuses to provide a Social Security Number for use in obtaining a credit score, according to Insurance Commisisoner Roger Sevigny. In a recent bulletin, …

N.H. addresses handling risks without Social Security Numbers

Personal auto insurance carriers in New Hampshire can’t refuse to quote a policy if the insured refuses to provide a Social Security Number for use in obtaining a credit score, according to Insurance Commissioner Roger Sevigny. In a recent bulletin, …

Texas’ April Enforcement Actions Result in Nearly $1M in Fines, Restitution

The Texas Department of Insurance recently announced enforcement actions taken by Commissioner Mike Geeslin that became final during April. The actions include six license revocations, a license denial and fines and restitution totaling more than $993,000. Only final orders are …

N.H. Clarifies Handling of Risks without Social Security Numbers

Personal auto insurance carriers in New Hampshire can’t refuse to quote a policy if the insured refuses to provide a Social Security Number for use in obtaining a credit score, according to Insurance Commisisoner Roger Sevigny has informed In a …

News Currents

Mass. auto report offers map to move state to limited price competition Also, advises against assigned risk pool change at this time and against erasing subsidies or allowing credit scoring A special auto insurance study group appointed by Massachusetts Gov. …

News Currents

Mass. auto report offers map to move state to limited price competition Also, advises against assigned risk pool change at this time and against erasing subsidies or allowing credit scoring A special auto insurance study group appointed by Massachusetts Gov. …

Florida officials: Education, job rating ‘unintentionally’ harms minorities

A Florida report on the use of occupation and education in underwriting and rating auto insurance asserts that while the practices “unintentionally harm minorities and low-income individuals,” they are nonetheless legal. “Let me be perfectly clear — this practice is …

Mass. auto report offers map to move state to limited price competition

Also, advises against assigned risk pool change at this time and against erasing subsidies or allowing credit scoring A special auto insurance study group appointed by Massachusetts Gov. Deval Patrick has recommended modest changes to introduce limited pricing competition to …

Florida officials: Education, job rating ‘unintentionally’ harms minorities

A Florida report on the use of occupation and education in underwriting and rating auto insurance asserts that while the practices “unintentionally harm minorities and low-income individuals,” they are nonetheless legal. “Let me be perfectly clear — this practice is …