A study, released in London by Standard & Poor’s Risk Solutions, analyzes the 2007 year end financial returns of UK SME’s [small and medium enterprises]. It found that, “not surprisingly,” the sector with “the highest default risk in 2008 is …
The simple fact is that now insurance companies in Michigan no longer will be able to use customers’ credit scores to set home and auto insurance premiums — if the state Court of Appeals ruling stands. Just when insurers thought …
Insurance companies in Michigan no longer will be able to use customers’ credit scores to set home and auto insurance premiums if a state Court of Appeals ruling stands. The 2-1 decision released Friday, August 22 reversed a 2005 ruling …
Enforcement actions by Texas Commissioner Mike Geeslin in June included five license revocations, a license denial, and fines and restitution totaling $4,422,505, theTexas Department of Insurance reported. Copies of Geeslin’s orders may be obtained by contacting TDI’s Public Information Office. …
The Pennsylvania Senate in a July 3 roll call vote unanimously approved Joel S. Ario to become the state’s insurance commissioner, a year after Gov. Ed Rendell first nominated the former chief insurance regulator in Oregon. Ario’s nomination has been …
The National Association of Insurance Commissioners is losing trust because it at times operates behind closed doors and is not open to dialogue with the insurance industry. That was the criticism of NAIC, as voiced by representatives of the American …
State regulators recently told Congress that more study of the use of credit scoring by insurance companies is needed to determine if the practice is unfairly discriminatory. “As state regulators, it is our sincere desire that the federal government assist, …
Florida’s Chief Calls for New Studies to Also Probe the Use of Occupation and Education in Rating State regulators, led by Florida’s insurance chief, recently told Congress that more study of the use of credit scoring by insurance companies is …
State regulators recently told Congress that more study of the use of credit scoring by insurance companies is needed to determine if the practice is unfairly discriminatory. “As state regulators, it is our sincere desire that the federal government assist, …
State regulators told Congress that more study of credit scoring use by insurance companies is needed to determine if the practice is unfairly discriminatory. “As state regulators, it is our sincere desire that the federal government assist, not detract, from …
