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: Wow, my name got popular.
Posted On: January 28, 2005, 9:46 am CST
Posted By: Jimmy
Comment:
wow, look at my name thrown all over this.
1st of all, My name is James, but I go by Jimmy. It's more informal, and I am able to get more rapport this way.
2nd of all, there are always going to be people that say that credit does not influent risk (aka claims frequency/severity) but if you know what the law of large numbers is, you will notice that it really does.
I am not here to bash people and call them names, unlike some other people.
For the people who truly believe that credit does not influence claims risk, you must have poor credit (not always the case)
Anyways, I have to go service my clients. Have a nice weekend.
West News 
Subject: Wow, my name got popular.
1st of all, My name is James, but I go by Jimmy. It's more informal, and I am able to get more rapport this way.
2nd of all, there are always going to be people that say that credit does not influent risk (aka claims frequency/severity) but if you know what the law of large numbers is, you will notice that it really does.
I am not here to bash people and call them names, unlike some other people.
For the people who truly believe that credit does not influence claims risk, you must have poor credit (not always the case)
Anyways, I have to go service my clients. Have a nice weekend.