Bill to Prohibit Insurer Use of Credit-Based Scores Defeated in Colorado
West News January 26, 2005
On Tuesday, Colorado legislators "wisely" defeated a proposal to ban the use of credit-based insurance scores (SB 5), according to the American Insurance Association (AIA).
"The Senate Business ...
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Subject: RE: RE: Jimmy, give me a break
Posted On: January 27, 2005, 1:45 pm CST
Posted By: Insurance Agent
Comment:
Smart agents are keeping score with the claims filed by their clients. Within a few years we will have written proof that those with good credit scores have just as many,if not more claims than those with poor credit scores. Keep track within your agency by writing the credit score on your copy of the loss reports you receive for 2005 and really determine who has more claims. Is redlining a possibility?
Subject: RE: RE: Jimmy, give me a break