PCI Opposes Legislation to Ban Use of Insurance Scores in Nevada
Proposed legislation to prohibit insurers from considering a consumer’s credit history would take away discounted rates for the majority of Nevada policyholders, according to the Property Casualty...
View ArticleUse of Credit-based Insurance Scores Upheld in Texas
Texas law permits an insurer to use race-neutral factors in credit scoring to price personal lines of insurance. That’s the conclusion the Texas Supreme Court came to in considering a certified...
View ArticleMassachusetts Agents Seek Ballot Measure to Ban Insurers’ Use of Credit Scores
Massachusetts independent insurance agents who oppose the use of credit scores, occupation and education level in auto insurance pricing by the insurance companies they represent are pushing to put a...
View ArticleMassachusetts Agents Drop Ballot Effort on Credit Ban
The Massachusetts Association of Insurance Agents (MAIA) has agreed to a request from state lawmakers to withdraw the ballot initiative it filed in August to prohibit the use of credit scoring,...
View ArticleHow Predictive Modeling Has Revolutionized Insurance
The use of predictive modeling has forever changed the way insurance policies are priced. The revolutionary tool allows insurers to design ever-more-sophisticated models that tap ever-more-detailed...
View ArticleConsumers Learn High Cost of Being Poor in New Jersey
More than a decade ago, Joanne Jubert made six figures as an art director for a New York advertising agency. She pursued her passion of scuba diving. She joined film societies. She bought a modest home...
View ArticleA Look at New Insurance Laws Taking Effect in 2013
With 2013 just around the corner, a number of states are preparing to implement new insurance-related laws. Insurance Journal highlights some of the changes that will take place around the country....
View ArticleFICO to Downplay Medical Debt in Credit Scores
A move by personal credit score provider FICO to leave out or discount medical debt from its scores will boost the credit record of many borrowers, while helping lenders to better assess risk. The...
View ArticleWhy Millennials’ Credit Scores Are So Low
Millennials get plenty of recognition for frugality and their desire to share everything from cars to clothes, but they also have the lowest average credit score of any generation, according to a new...
View ArticlePCI Opposes Legislation to Ban Use of Insurance Scores in Nevada
Proposed legislation to prohibit insurers from considering a consumer’s credit history would take away discounted rates for the majority of Nevada policyholders, according to the Property Casualty...
View ArticleUse of Credit-based Insurance Scores Upheld in Texas
Texas law permits an insurer to use race-neutral factors in credit scoring to price personal lines of insurance. That’s the conclusion the Texas Supreme Court came to in considering a certified...
View ArticleMassachusetts Agents Seek Ballot Measure to Ban Insurers’ Use of Credit Scores
Massachusetts independent insurance agents who oppose the use of credit scores, occupation and education level in auto insurance pricing by the insurance companies they represent are pushing to put a...
View ArticleMassachusetts Agents Drop Ballot Effort on Credit Ban
The Massachusetts Association of Insurance Agents (MAIA) has agreed to a request from state lawmakers to withdraw the ballot initiative it filed in August to prohibit the use of credit scoring,...
View ArticleHow Predictive Modeling Has Revolutionized Insurance
The use of predictive modeling has forever changed the way insurance policies are priced. The revolutionary tool allows insurers to design ever-more-sophisticated models that tap ever-more-detailed...
View ArticleConsumers Learn High Cost of Being Poor in New Jersey
More than a decade ago, Joanne Jubert made six figures as an art director for a New York advertising agency. She pursued her passion of scuba diving. She joined film societies. She bought a modest home...
View ArticleA Look at New Insurance Laws Taking Effect in 2013
With 2013 just around the corner, a number of states are preparing to implement new insurance-related laws. Insurance Journal highlights some of the changes that will take place around the country....
View ArticleFICO to Downplay Medical Debt in Credit Scores
A move by personal credit score provider FICO to leave out or discount medical debt from its scores will boost the credit record of many borrowers, while helping lenders to better assess risk. The...
View ArticleWhy Millennials’ Credit Scores Are So Low
Millennials get plenty of recognition for frugality and their desire to share everything from cars to clothes, but they also have the lowest average credit score of any generation, according to a new...
View ArticleEquifax Breach Exposed Credit Data of 143 Million U.S. Consumers
Equifax Inc, a provider of consumer credit scores, said on Thursday that personal details of as many as 143 million U.S. consumers were accessed by hackers between mid-May and July, in what could be...
View ArticleU.S. Consumer Agency Weighs Update of Rules on Access to Personal Financial Data
The U.S. Consumer Financial Protection Bureau (CFPB) on Thursday said it is seeking public comment on a proposal to modify rules governing the access and use of consumer financial data which is...
View Article
