Wisconsin Insurance Commissioner Sean Dilweg will hold a hearing Sept. 14 on the use of consumer credit information in personal lines insurance policies.
The public hearing with invited testimony will take place beginning at 10:00 a.m. at the Wisconsin State Capitol in Room 412 East.
“The formal hearing to examine this issue was requested by legislators,” said Dilweg. “It is my hope that the hearing will result in a comprehensive and well balanced discussion on the issues surrounding the use of consumer credit history.”
Responding to a request from Senator Lena Taylor and Representatives David Cullen and Terese Berceau, the Commissioner has invited consumers, insurers, insurance agents and credit reporting agencies to testify on consumer credit information and the current practices.
Commissioner Dilweg will assess the information that is presented at the hearing to determine if further regulatory guidance from OCI is needed to enhance consumer protection in Wisconsin.
Source: Wisconsin Department of Insurance
Topics Carriers
Was this article valuable?
Here are more articles you may enjoy.
American Family to Acquire Bowhead Specialty in $1.2B Cash Deal 
A Chinese Spyware Tool Operates in 13 Countries, Cybersecurity Firm Says 
Zurich Insurance Earnings Boosted by Global Data Center Demand 
Wildfire Forces Evacuations Across Top Canadian Wine Region 
