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: Nobody answered my question!
Posted On: January 27, 2005, 4:41 pm CST
Posted By: Joe
Comment:
Sorry to inform you, some carriers in California are using credit scores. Have had new & renewals from Hartford rejected because of credit scores. In one case they used an owners SS number to rate her although her corporate credit score was ok. This client had a small office policy (Real Estate) her personal score was in part due to a divorce 4 or 5 years ago. Hopfully when enough people get angry, you will see a special on 60 minutes, dateline or 20/20. You can bet the insurance industry will be made to look like jerks.
West News 
Subject: RE: Nobody answered my question!