The Washington state Senate passed three bills with insurance implications on Monday, including a bill giving the insurance commissioner the authority to order restitution to harmed policyholders and a bill studying the impacts of insurance rating factors like credit scores. …
A bill that would create a study on the impact of insurance rating factors in Washington, including credit history, is moving through state Legislature. Senate Bill 5589 has passed out of committee in the Washington State Senate. The bill was …
The Oregon Division of Financial Regulation issued a $200,000 fine against State Farm after the company reportedly failed to send notices over the past six years informing its insureds of their ability to request an annual credit check, which could …
The Nevada Supreme Court upheld the Nevada Division of Insurance’s temporary ban on using credit information to help set insurance rates. The division in 2020 imposed the temporary ban, concluding that the pandemic had a disproportionately negative impact on policyholders’ …
Attorney General Bob Ferguson announced that a Thurston County Superior Court judge rejected an attempt by PEMCO Mutual Insurance Company and subsidiaries of the Progressive Corporation to stop his office’s investigation of potential race discrimination against Washington drivers. The companies …
The American Property Casualty Insurance Association, the Professional Insurance Agents of Washington, and the Independent Insurance Agents and Brokers of Washington jointly filed two legal actions to halt the enforcement of a rule banning the use of credit for rating …
Washington Insurance Commissioner Mike Kreidler has adopted his rule banning insurers from using credit information to set auto, homeowner and renter insurance for three years. Kreidler’s rule temporarily banning credit scoring will be in effect starting March 4 through three …
The American Property Casualty Insurance Association submitted comments in opposition to stakeholder draft regulations which will make Washington Commissioner Mike Kreidler’s emergency regulations banning the use of credit-based insurance scores permanent for three years. APCIA is again calling on the …
Computer scientist Lynne Parker made breakthroughs in getting robots to work together so they could perform difficult missions, like cleaning up after a nuclear disaster, waxing floors or pulling barnacles off a ship. Her job now is getting the U.S. …
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 …
