January 2, 2006
A bill to ban insurance companies from using a consumer’s credit score in setting premium for home or auto coverage is backed by Minnesota Attorney General Mike Hatch and two state legislators. The proposed bill contends that an increasing number …
January 2, 2006
An Alaska Superior Court recently ruled that credit history can be used in insurance underwriting. That is a major victory for consumers, according to the Property Casualty Insurers Association of America (PCI). “This decision upholds our contention that the use …
January 1, 2006
An Alaska Superior Court recently ruled that credit history can be used in insurance underwriting. That is a major victory for consumers, according to the Property Casualty Insurers Association of America (PCI). “This decision upholds our contention that the use …
December 19, 2005
An Alaska Superior Court recently ruled that credit history can be used in insurance underwriting. That is a major victory for consumers, according to the Property Casualty Insurers Association of America (PCI). “This decision upholds our contention that the use …
December 19, 2005
The State’s Independent Agents Explain Why They Oppose a Switch to Competitive Rating I agree with Gov. Romney that improving road designs, dangerous intersections and combating fraud will go a long way to lowering automobile insurance rates in the Commonwealth …
December 18, 2005
I agree with Gov. Romney that improving road designs, dangerous intersections and combating fraud will go a long way to lowering automobile insurance rates in the Commonwealth of Massachusetts. But I disagree with his assertion that eliminating our system of …
November 14, 2005
The American Insurance Association (AIA) said it looks forward to an open dialogue with state legislators regarding the recent hurricanes and their ramifications for the insurance industry during the annual meeting of the National Conference of Insurance Legislators (NCOIL) Nov. …
November 7, 2005
Credit-based insurance scoring has been a contentious legislative and regulatory issue in the world of insurance for at least the last three or four years, but the nature of the debate has changed, Robert Detlefsen, National Association of Mutual Insurance …
November 6, 2005
Credit-based insurance scoring has been a contentious legislative and regulatory issue in the world of insurance for at least the last three or four years, but the nature of the debate has changed, Robert Detlefsen, National Association of Mutual Insurance …
October 24, 2005
In July, James Fry of Dagsboro, e-mailed Delaware Insurance Commissioner Matt Denn about an increase in his homeowner insurance premium that he knew couldn’t be right. Fry asked for an explanation of a proposed annual increase in his homeowner premium …