Credit Scoring News

Power shift in the political landscape

With Democratic majorities in the House and Senate, we’ll likely see action on a number of insurance issues. Although it took a little time for all the votes to be counted, the 2006 midterm elections saw a wave of Democratic …

Power shift in the political landscape

With Democratic majorities in the House and Senate, we’ll likely see action on a number of insurance issues. Although it took a little time for all the votes to be counted, the 2006 midterm elections saw a wave of Democratic …

Declarations

Soundly defeated “We’ve learned that we need not fear voters won’t understand the benefits of credit scoring and will respond on basis of their own interests. I think we had a fairly good idea that we were going to win. …

Figures

$2.8 billion Amount the Center for Responsive Politics predicted would be the total cost of the 2006 congressional election, based on campaign finance reports. The nonpartisan group noted that the average cost of winning a 2006 House race was about …

Power shift in the political landscape

Although it took a little time for all the votes to be counted, the 2006 midterm elections saw a wave of Democratic candidates wrest control of both houses of Congress, gain a majority of the governorships and take control of …

Some Ask, Did Green Party Cost Democrats Control of Michigan Senate?

Did Green Party cost Democrats control of Michigan Senate? One of the main reasons Republicans were swept from power was the Iraq war. Ironically, it may have helped preserve their long-standing lock on the Michigan Senate, an Associated Press story …

Coloradoans Waited in Dark to Vote, With Democrats Prevailing

Hundreds if not thousands of people in the Denver area waited to vote Tuesday night after polls were officially closed, a miserable end to a day fraught with balky computers and unfamiliar new voting machines handling the longest statewide ballot …

Oregon Voters Defeat Credit Scoring Ballot Measure

Oregon voters rejected Measure 42 — which would have banned the use of credit-based insurance scoring — by nearly a two-to-one margin of 65.58 percent to 34.42 percent — in yesterday’s election. The initiative had been watched closely across the …

Oregon Election: Blocking Credit Scoring Initiative a Top Priority

Defeating an Oregon ballot measure that would ban using credit scoring to set insurance rates has become a top priority for the Property Casualty Insurers Association of America (PCI) and other insurance industry representatives. Measure 42 asks voters whether the …

New risk assessment techniques a must if credit scoring bans enacted

Insurers will need to develop new evaluation techniques to assess risks, if the use of credit scoring in underwriting goes away, attendees at the CAS Seminar on Predictive Modeling were told during the session “What To Do When You Cannot …