Credit Scoring News

News Currents

N.C.’s Rep. Watt leads debate in Congress against credit scoring The latest skirmish in the battle between politicians who want to eliminate insurance-based credit scoring and insurers that say they need it to do their job unfolded in a congressional …

Mass. Bans Credit Scores in Both Rating, Underwriting in New Auto Plan

Auto insurers in Massachusetts will not be able to use credit scores to price or underwrite risks when the state enters its managed competition market next April. Insurance Commissioner Nonnie Burnes sided with consumer groups, Attorney General Martha Coakley and …

Mass. consumer groups say auto deregulation plan needs work

A Massachusetts consumer group and Attorney General Martha Coakley urged Insurance Commissioner Nonnie Burnes to incorporate more consumer protections and ban the use of credit scores in her proposed auto insurance deregulation plan at a public hearing. “We all like …

News Currents

Mass. consumer groups say auto deregulation plan needs work A Massachusetts consumer group and Attorney General Martha Coakley urged Insurance Commissioner Nonnie Burnes to incorporate more consumer protections and ban the use of credit scores in her proposed auto insurance …

Insurers’ Use of Credit Scores on Agenda on Capitol Hill Today

U.S. Rep. Melvin L. Watt, D-N.C., chairman of the House Subcommittee on Oversight and Investigations, will oversee a hearing today on Capitol Hill to consider the implications for consumers of the growing use of credit-based scores by insurers. Watt said …

From Consumer Viewpoint, New Mass. Auto Rules Need Work

A Massachusetts consumer group and Attorney General Martha Coakley urged Insurance Commissioner Nonnie Burnes to incorporate more consumer protections and ban the use of credit scores in her proposed auto insurance deregulation plan at a public hearing. “We all like …

House Subcommittee to Hear Views on Insurance Credit Scoring Oct. 2

U.S. Rep. Melvin L. Watt, D-N.C., chairman of the House Subcommittee on Oversight and Investigations, announced a hearing for Oct. 1 to consider the implications of the growing use of credit-based insurance scores for consumers. Specifically, Watt said the hearing …

8 N.J. hazing case triggers campus

safety liability concerns College administrators watching indictments at Rider University 8 9/11 insurance fund under fire Why those exposed to harmful substances haven’t been compensated 10 Mass. lawmakers, agents uncomfortable with Patrick auto plan In particular, with socioeconomic factors 12 …

Declarations

Declarations Ranking physicians “Transparency and accurate information are essential when consumers make healthcare decisions. We will ensure that insurance companies are not obscuring important facts at the consumers’ expense.” — New York Attorney General Andrew M. Cuomo warning two major …

DRUNKEN DRIVING

WORKPLACE INJURIES Slight drop in 2006 CREDIT SCORING Still an issue for consumer advocates