Credit Scoring News

Mich. appeals court hears oral arguments on use of credit scores

A hearing with oral arguments on the legality of the use of credit scoring in setting insurance rates took place in Lansing, Mich., this month at the Hall of Justice. The appeals hearing follows the ruling by Judge James H. …

Supreme Court agrees to hear insurance credit scoring cases

The U.S. Supreme Court has agreed to hear one hour of oral arguments on insurers’ use of credit reports, based on appeals filed by Safeco Insurance Co. of America and GEICO General Insurance Co., which was supported by friend of …

6 Pennsylvania: Wall Street West?

State makes pitch to be Wall Street’s backup location 6 Making Hartford shine again Conn. sees talent pool giving it edge in competition for insurance jobs 8 Mass. weighs jail time for workplace safety violators State may also require regular …

Mich. Appeals Court Hears Oral Arguments on Use of Credit Scores

A hearing on the legality of the use of credit scoring in setting insurance rates took place this week in Lansing, Mich. at the Hall of Justice. The appeals hearing follows the ruling by Judge James H. Fisher to strike …

Supreme Court to Hear Credit Scoring Disclosure Case

The U.S. Supreme Court said this week it will consider several business cases during its upcoming term, including a case that could make it easier for consumers to hold insurers, banks and other businesses liable for not notifying them when …

Oregon voters to decide on credit scoring for insurance

Insurance companies can use a person’s gender and age to determine what they pay for insurance. Oregon voters will decide in November if insurers should be able to use a person’s financial history too. In 2003, the Oregon Legislature prohibited …

News Currents

Oregon voters to decide on credit scoring for insurance Insurance companies can use a person’s gender and age to determine what they pay for insurance. Oregon voters will decide in November if insurers should be able to use a person’s …

Oregon Credit Scoring Measure Picks Up National Endorsement

An Oregon ballot measure that would ban using credit scoring to set insurance rates has picked up support from the nation’s largest consumer-protection advocacy group. Norma Garcia, senior attorney for the Consumers Union, which is behind Consumer Reports magazine, called …

Oregon Voters to Decide on Credit Scoring for Insurance

Insurance companies can use a person’s gender and age to determine what they pay for insurance. Oregon voters will decide in November if insurers should be able to use a person’s financial history too. In 2003, the Legislature prohibited insurance …

Oregon Regulator: Credit Scoring, Other Issues Better Handled by States

When it comes to solving insurance issues, state insurance departments are better consumer protectors than the federal government, according to Oregon’s Insurance Administrator Joel Ario. While the federal government plays a role in protecting consumers, states are better equipped to …