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 ...
Insurance Journal is not responsible for the content of the message below.
Subject: RE: RE: The Study has been done already JIMMY IS RIGHT!!!
Posted On: January 28, 2005, 8:43 am CST
Posted By: huh??
Comment:
I still don't buy it! Numbers will tell you anything you want. I know too many real life situations where the credit score and claims have no correlation. There are unforeseen circumstances that can effect even the best "credit handler", ie: loss of job, injury; illness - there are many issues that can destroy or have an adverse effect on one's credit yet have no bearing on their filing of claims.
Subject: RE: RE: The Study has been done already JIMMY IS RIGHT!!!