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: The Study has been done already JIMMY IS RIGHT!!!
Posted On: January 27, 2005, 8:33 pm CST
Posted By: Florida Agent
Comment:
I know some of you in CO may not understand the word "YALL" but the study has already been completed, YALL. Just because his name is JIMMY doesn't mean he is a DUMB REDNECK. He's correct "Credit Scoring has been mathmatically correlated to insurance risks... Here's and excerpt of the article from the Study: Email me and I'll send you the whole article if you don't beleive me.
Credit Scoring Shown to Improve Underwriting Accuracy
NEW YORK June 23 (BestWire) - Credit-based insurance scores are
"unquestionably" connected to insurance risk, according to a new study
that reviewed data from almost 2.7 million automobiles in the United
States.
Researchers from EPIC Actuaries LLC on June 21 released results of the
largest and most comprehensive insurance industry sponsored study
looking at the correlation between credit history and insurance risk at
the 2003 Summer National Meeting of the National Association of
Insurance Commissioners in New York.
All you corporate hater's you may begin now. Start shooting holes in it......
West News 
Subject: The Study has been done already JIMMY IS RIGHT!!!
Credit Scoring Shown to Improve Underwriting Accuracy
NEW YORK June 23 (BestWire) - Credit-based insurance scores are
"unquestionably" connected to insurance risk, according to a new study
that reviewed data from almost 2.7 million automobiles in the United
States.
Researchers from EPIC Actuaries LLC on June 21 released results of the
largest and most comprehensive insurance industry sponsored study
looking at the correlation between credit history and insurance risk at
the 2003 Summer National Meeting of the National Association of
Insurance Commissioners in New York.
All you corporate hater's you may begin now. Start shooting holes in it......