American Property Casualty Insurance Association News

50-Plus Insurers Met Deadline to Comply With Washington’s Credit Rule

Washington Insurance Commissioner Mike Kreidler announced today that more than 50 insurance companies met the May 6 deadline to file rating plans that comply with his emergency rule to temporarily prohibit the use of consumers’ credit scores. A temporary ban …

Bill in Colorado Would Prohibit Insurer Use of ‘Discriminatory’ Data

Colorado lawmakers are considering a bill that would prohibit insurance companies from using consumer information collected from outside sources such as social media and court and home ownership records to determine insurance rates. The measure would bar insurers from using …

Kreidler Urging Other Insurance Commissioners to Ban Use of Credit Scores

Now that Washington Insurance Commissioner Mike Kreidler’s credit scoring ban has passed a key legal hurdle, he’s urging his colleagues in other states to consider similar actions. A Thurston County Superior Court judge on April 23 allowed Kreidler’s emergency rule …

Insurers Don’t Like New New Credit Scoring Ban in Washington, But Say They’ll Follow the Law

The American Property Casualty Insurance Association said it insurers will following the law where it concerns Washington Insurance Commissioner Mike Kreidler’s emergency regulation banning the use of credit-based insurance scores. Kreidler issued a reminder earlier this week that insurance companies …

Insurers Warn Washington Court Ruling Will Raise Rates for a Million Consumers

Insurer groups expressed disappointment over a judge’s ruling denying an industry request to halt an emergency rule that temporarily bans the use of insurance credit scoring in Washington. The Independent Insurance Agents and Brokers of Washington, the Professional Insurance Agents …

Judged Rules for Washington Insurance Commissioner on Credit Scoring Ban

A Thurston County Superior Court judge on Friday denied an insurance industry request to halt an emergency rule that temporarily bans the use of insurance credit scoring in Washington. The ruling that rejected a request for a preliminary injunction maintains …

Insurer Group Sues to Stop Washington Insurance Commissioner’s Credit Scoring Ban

The American Property Casualty Insurance Association is suing to halt emergency regulations recently filed by Washington Insurance Commissioner Mike Kreidler to ban the use of credit-based insurance scores in the rating and underwriting of insurance. A petition for declaratory and …

Groups Opposing Bill to Create California Medical Provider Network Option for Workers

A piece of California legislation to establish a statewide medical provider network for employees is raising a few eyebrows. Assembly Bill 1465 would require the administrative director of the state’s workers’ compensation system to establish a statewide medical provider network, …

Auto Insurers Slam Nevada Pandemic Lawsuits

The American Property Casualty Insurance Association is responding strongly to new litigation the group says is an attempt to capitalize on the ongoing pandemic by targeting the auto insurance marketplace. Class action lawsuits were filed in Nevada against 10 major …

California Commissioner Wants More Group Discounts for Lower-Income Drivers

California Insurance Commissioner Ricardo Lara on Thursday released revised draft regulations to expand drivers’ access to group discounts. The revised draft regulations will extend discounts to previously underrepresented drivers in the first major reform of group discounts since voters approved …