The American Insurance Association (AIA) is seeking major changes in regards to the New Hampshire Insurance Department’s (NHID) proposed regulation for the use of credit scoring by insurers.
During a meeting of the Joint Legislative Committee on Administrative Rules, AIA noted it was looking for changes which would make for a more workable regulation.
In its recommendations, AIA is seeking the elimination of the requirement for written permission. In the alternative, AIA proposes that a notice requirement take the place of the written authorization requirement.
Topics New Hampshire
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