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: Wow, my name got popular.
Posted On: January 28, 2005, 11:26 am CST
Posted By: Joe
Comment:
Jimmy glad your name is so popular. Somewhere between using and not using credit scores is the truth. Insurance companies are looking for ways to cut real live underwriting and inspections. When you assume people who disagree with you must have bad credit, you make an *** out of you and me. If you are in this business long enough and care about your clients, you would at least have an open mind. All that credit scoring, in underwriting is going to do is make it eaiser for carrires to write business on line. No agents, no commissions and no one to stick up for clients. Jimmy have a great week end, some of us old time agents are still working to protect our customers.
Subject: RE: Wow, my name got popular.