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Insurers to Fight Credit Scoring Ban on Colo. House Floor
West News • January 28, 2008
Legislation that would prohibit insurers' use of credit information narrowly advanced out of the Colorado House Business Affairs and Labor Committee Thursday on a 6-5 vote. According to the ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: RE: RE: RE: RE: credit scoring & insurance | lastbat | Jan 30, 2008, 2:10 pm |
| RE: RE: RE: RE: credit scoring & insurance | wudchuck | Jan 30, 2008, 12:34 pm |
| RE: RE: RE: credit scoring & insurance | Dustin | Jan 30, 2008, 12:32 pm |
| RE: RE: credit scoring & insurance | wudchuck | Jan 30, 2008, 12:28 pm |
| RE: credit scoring & insurance | Ratemaker | Jan 30, 2008, 12:05 pm |
| RE: salary | Ratemaker | Jan 30, 2008, 11:57 am |
| RE: credit scoring & insurance | Dustin | Jan 30, 2008, 11:12 am |
| credit scoring & insurance | beast | Jan 30, 2008, 11:09 am |
| salary | wudchuck | Jan 30, 2008, 10:15 am |
| RE: RE: Credit vs Driving!? | Ratemaker | Jan 30, 2008, 7:41 am |
| RE: RE: RE: RE: RE: RE: RE: RE: RE: Credit vs Driving!? | SWFL Mark | Jan 30, 2008, 7:32 am |
| RE: RE: RE: RE: RE: RE: RE: RE: Credit vs Driving!? | einstein | Jan 29, 2008, 6:12 pm |
| RE: RE: Credit vs Driving!? | lastbat | Jan 29, 2008, 4:26 pm |
| RE: Credit vs Driving!? | wudchuck | Jan 29, 2008, 4:11 pm |
| RE: RE: RE: RE: RE: RE: RE: Credit vs Driving!? | Dustin | Jan 29, 2008, 3:41 pm |
| RE: RE: RE: RE: RE: RE: Credit vs Driving!? | Ratemaker | Jan 29, 2008, 3:23 pm |
| RE: RE: RE: RE: RE: Credit vs Driving!? | SWFL Mark | Jan 29, 2008, 2:36 pm |
| RE: RE: RE: RE: Credit vs Driving!? | wudchuck | Jan 29, 2008, 2:18 pm |
| RE: RE: RE: Credit vs Driving!? | Nobody Important | Jan 29, 2008, 1:58 pm |
| RE: RE: Credit vs Driving!? | wudchuck | Jan 29, 2008, 11:42 am |
| RE: Credit vs Driving!? | lastbat | Jan 29, 2008, 11:40 am |
| Credit vs Driving!? | wudchuck | Jan 29, 2008, 10:51 am |
| Back to article | ||
Subject: RE: credit scoring & insurance
bzzzz... Thanks for playing! Insurers have to file both the model that they are using and the rate adjustments based on it with the states. The models have seen intense regulatory scrutiny.
The answer to "how can we allow this" is that it works. Rates are lower for most people when insurers are allowed to use credit. Allowing the use of tools that improve the prediction of losses leads to fairer pricing, better financial stability, and increased availability of insurance.