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Insurers Say Alaska Court Decision Could Lead to Uneven Rates

West News • August 22, 2007
A ruling by the Alaska State Supreme Court requiring insurers to re-rate all policies at the very first renewal as if credit information was never considered will have the unintended result of ...

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Subject: The heck are they thinking?!?!

Posted On: August 22, 2007, 12:49 pm CDT
Posted By: Ratemaker
Comment:
This may be the dumbest regulation applied to use of credit information for insurance purposes yet!

This translates roughly to "You are required to give your best risks a 30% rate increase when they renew, therefore ensuring that they switch to another carrier who can rate them using credit information."

Get ready for your rates to go up, Alaskans, because everyone's operating costs are about to go up to deal with the constant churn in the business!
Subject Posted By Posted On
RE: The heck are they thinking?!?! wudchuck
Aug 26, 2007, 10:05 am
RE: RE: RE: RE: RE: The heck are they thinking?!?! Nobody Important
Aug 23, 2007, 1:02 pm
RE: RE: RE: RE: The heck are they thinking?!?! actuary
Aug 23, 2007, 12:09 pm
RE: RE: RE: The heck are they thinking?!?! Nobody Important
Aug 23, 2007, 9:30 am
RE: RE: RE: RE: The heck are they thinking?!?! R&D
Aug 23, 2007, 9:29 am
RE: RE: The heck are they thinking?!?! actuary
Aug 23, 2007, 8:20 am
RE: The heck are they thinking?!?! wudchuck
Aug 22, 2007, 4:34 pm
RE: RE: RE: The heck are they thinking?!?! Desert rat
Aug 22, 2007, 4:21 pm
RE: RE: The heck are they thinking?!?! Ratemaker
Aug 22, 2007, 3:11 pm
RE: RE: The heck are they thinking?!?! actuary
Aug 22, 2007, 3:03 pm
RE: The heck are they thinking?!?! Cynder
Aug 22, 2007, 2:17 pm
The heck are they thinking?!?! Ratemaker
Aug 22, 2007, 12:49 pm
Credit AGAIN!? wudchuck
Aug 22, 2007, 12:33 pm
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