November 3, 2003
Insurance scoring remains a critical issue for agents, consumers and insurers alike. A recent Texas Department of Insurance hearing addressed proposed rules on credit scoring and territorial rating as part of the rulemaking process resulting from changes wrought by Senate …
November 3, 2003
You would think that after several centuries in business, insurers would have a better handle on public relations. Apparently they still believe the sledgehammer approach is effective. And then they are surprised when some, most or all members of the …
October 23, 2003
New York legislators yesterday heard T.J. Derella, President of the Professional Insurance Agents of New York State Inc.; Richard Stokes, Northeast Regional Manager of the Alliance of American Insurers, and David Snyder, vice president and assistant general counsel of the …
October 22, 2003
The New York State Assembly Standing Committee on Insurance and the Assembly Puerto Rican/Hispanic Task Force is currently holding hearings on the use of personal credit information and credit scoring by the insurance industry. The hearings are being chaired by …
October 22, 2003
The Texas Department of Insurance (TDI) is holding hearings today at its offices in Austin on proposed rules to further regulate the use of credit-based insurance scores. The wide-ranging insurance reform bill SB 14, passed earlier this year by the …
October 20, 2003
The Texas Department of Insurance will hold a public hearing on Oct. 22, 2003 to address issues related to homeowners and auto insurance, and the use of credit information in certain personal lines insurance. The hearing begins at 9:30 a.m. …
October 17, 2003
The Texas Department of Insurance announced it has begun a review process to determine the accuracy of and need for the use of insurance credit scoring as an insurance pricing tool. All Texas insurers who use credit scoring in their …
October 6, 2003
In response to congressional pressure to more effectively regulate insurance at the state level or face federalization, the National Association of Insurance Commissioners (NAIC) unanimously passed its revised statement of intent, which calls for states to enact a broad range …
October 6, 2003
The Texas Department of Insurance will hold a public hearing on Oct. 22, 2003 to address issues related to homeowners and auto insurance, and the use of credit information in certain personal lines insurance. The hearing begins at 9:30 a.m. …
October 6, 2003
In response to congressional pressure to more effectively regulate insurance at the state level or face federalization, the National Association of Insurance Commissioners (NAIC) unanimously passed its revised statement of intent, which calls for states to enact a broad range …