Credit Scoring News

News Currents

Joel Ario, Oregon Insurance Administrative News Currents New uniform credit agencies’ scoring system not likely to impact insurers The recent announcement by the three major consumer credit reporting agencies that they have created a new credit scoring system aimed at …

Consumer group accuses Geico, other insurers of unfair underwriting

News Currents A U.S. consumer group has made claims that Geico Corp. uses rate-making methods that directly base eligibility and premiums solely upon the educational background and occupation of consumers. The Consumer Federation of America says that it uncovered a …

Insurers unlikely to alter credit scoring as agencies pursue uniformity

The decision by the three major consumer credit reporting agencies to create a more uniform credit scoring system is not expected to have a major impact on insurers’ use of credit in rating personal lines insurance policies, although some think …

New uniform credit agencies’ scoring system not likely to impact insurers

The recent announcement by the three major consumer credit reporting agencies that they have created a new credit scoring system aimed at simplifying the loan process likely will not have a major impact on insurers’ current use of credit in …

Consumer group accuses Geico, other insurers of unfair underwriting

A U.S. consumer group has made claims that Geico Corp. uses rate-making methods that directly base eligibility and premiums solely upon the educational background and occupation of consumers. The Consumer Federation of America says that it uncovered a Geico underwriting …

Consumer group accuses Geico, other insurers of unfair underwriting

A U.S. consumer group has made claims that Geico Corp. uses rate-making methods that directly base eligibility and premiums solely upon the educational background and occupation of consumers. The Consumer Federation of America says that it uncovered a Geico underwriting …

The facts about credit information and insurance

The use of credit history, one of many underwriting tools, is not a new concept and one that has received strict scrutiny from insurance regulators and consumer advocates around the country. Some insurers have used individual credit histories in underwriting …

By Jerry Johns

The facts about credit information and insurance The use of credit history, one of many underwriting tools, is not a new concept and one that has received strict scrutiny from insurance regulators and consumer advocates around the country. Some insurers …

2006 Begins with Politics Up Front; State Legislatures Tackle Auto Issues

Midwesterners have never been known to take a “back seat” on anything. Seizing the opportunity seems to come naturally to us. A case in point is the recent scramble by three Midwestern congressmen to jump into the spot of House …

Editor’s Note: 2006 Begins with Politics Up Front; State Legislatures Tackle Auto Issues

Midwesterners have never been known to take a “back seat” on anything. Seizing the opportunity seems to come naturally to us. A case in point is the recent scramble by three Midwestern congressmen to jump into the spot of House …