There’s a new site on the World Wide Web and it is loaded with timely insurance information for Michigan residents. Web surfers can find the new website recently unveiled by the Insurance Institute of Michigan (IIM) at www.iiminfo.org. Iiminfo.org includes …
On February 20, 2004, the Arkansas Insurance Department issued the following directive on cancellations, nonrenewals and discriminatory underwriting practices for property and casualty insurance: The Department recognizes that Arkansas law imposes minimal restrictions on underwriting. However, the Department expects property …
Insurers’ use of credit scoring in underwriting and rating personal lines insurance harms poor and minority policyholders in Missouri, according to a study released by the state’s insurance department. The report, Insurance-Based Credit Scores: Impact on Minority and Low Income …
In the last year, policymakers have crafted more measured responses to political concerns about insurers’ use of credit information. Such a balance is lacking in the Missouri proposal. Property/casualty insurers’ use of credit information in underwriting and pricing automobile and …
From 1979 to 1988 I had the pleasure of serving as executive V. P. of the Independent Insurance Agents of Arkansas. For the past fifteen years I have served as the lobbyist for the Arkansas Medical Society. When Kelley Erstine …
The Property Casualty Insurers Association of America has issued a bulletin noting that a recent report, issued by the Maryland Insurance Administration (MIA) on the use of credit-based insurance scoring, found no basis for any conclusion that credit history is …
North Dakota Commissioner Helps Agents Handle the Hard Market During the National Association of Insurance Commissioners’ (NAIC) winter meeting in San Diego last December, Insurance Journal’s National Editor Andrea Ortega-Wells had the opportunity to chat with North Dakota Insurance Commissioner …
Florida’s Chief Financial Officer Tom Gallagher said that a new state law that went into effect Jan. 1 prohibits insurance companies from using a person’s credit history against them if they are dealing with unexpected medical bills or the death …
When you’re rushing day-to-day just to get your work done and make sure the details are taken care of while the bottom line is in the black, it’s easy to lose perspective on the larger picture in the insurance world. …
Insurers’ use of credit scoring in underwriting and rating personal lines insurance harms poor and minority policyholders in Missouri, according to a study released by the state’s insurance department. The report, Insurance-Based Credit Scores: Impact on Minority and Low Income …
