The Impact of Credit-Based Insurance Scoring on the Availability and Affordability of Insurance - Part I
National News • September 24, 2008
Following is the testimony presented by Lawrence S. Powell, PhD before the United States House of Representatives Financial Services Committee Oversight & Investigations Subcommittee on May 21, ...
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Subject: Re: The Impact of Credit-Based Insurance Scoring on the Avai
Posted On: September 25, 2008, 1:04 pm CDT
Posted By: Dan J
Comment:
I've been hoping for a definitive answer to my question as to the real and true value of scoring as a legitimate predictor of future claims. I for one have had my doubts and still do. I believe it is wholly discriminatory and should be abolished by the Insurance Departments. My understanding is that Oregon has done just that; hooray for them. I will look forward to reading the subsequent parts to this article.
Subject: Re: The Impact of Credit-Based Insurance Scoring on the Avai