Posted On: February 24, 2005, 3:44 pm CST

Posted By: Cliff McKelvy

Ladies and Gentlemen, as I stated earlier and with all due respect, I am a 27 year insurance agent, with the largest P&C carrier in Texas and the U.S. My clients depend on my experience and expertise to stand up for their rights, offer good insurance policies at good prices, service claims, develop lasting friendships and business relationships for generations to come or as long as I am their insurance agent. The P&C insurance industry made $393 Billion profit in 2003-04. The reinsurance industry is very healthy. Check the National Association of Insurance
Commissioners (NAIC) website to see how YOUR carrier profited last year, and years before and ask the question again, "Is credit scoring necessary?". I suggest to you,check the reinsurance market in Bermuda, and see how much YOUR insurance company profits there, FREE from some FEDERAL TAXES.