transunion News

3 Ways COVID-19 Will Continue to Impact Insurance Industry in 2021

The effects of the COVID-19 pandemic will be felt by the insurance industry and its customers well into 2021 as consumers and businesses continue to face economic challenges, according to a new survey by consumer credit reporting firm TransUnion. Insurance …

Congress Looks to ‘Reimagine’ Credit Reporting Industry

The nation’s major credit reporting agencies faced renewed scrutiny from Congress on Tuesday, as lawmakers consider legislation overhauling the industry. Top executives from the three major credit reporting agencies – Equifax Inc, Experian Plc and TransUnion โ€“ had to defend …

Data Firm TransUnion Buys Driving Records Provider Datalink

Data provider TransUnion sad it has completed the acquisition of Datalink Services Inc., also known as Compass Driving Records, a nationwide provider of vehicle and driving records and driver pre-screening services. Chris Cartwright, president of TransUnion’s USIS division, said Datalink …

Consumer Credit Agencies Agree to Address Errors, Medical Debt

Buying homes, getting jobs and borrowing money will be easier after an agreement by the three biggest U.S. consumer credit reporting services with New York. “This is huge,” Chi Chi Wu, an attorney at Boston-based National Consumer Law Center, said …

What Consumer Credit Data Reveals About Auto Insurance Shoppers

Customers with lower credit-based insurance scores shop most frequently while consumers with the highest insurance scores are less likely than the general population to shop for new auto insurance. Also, according to the Auto Insurance Shopping Index by consumer credit …

McElroy to Lead TransUnion’s Insurance Business

Chicago-based TransUnion announced that Mark McElroy has joined the company as the new executive vice president of its insurance business unit. TransUnion’s insurance business unit provides a range of data and analytic offerings to insurance companies to assist with customer …