Declarations
Workers’ comp caps “Workers’ comp is just too important to take any changes that something would go on the ballot that would make the system fall apart. There are unintended consequences when we go to the ballot so everyone is …
Oregon’s Ario Tapped to be Pennsylvania Insurance Regulator
Pennsylvania Governor Edward G. Rendell has nominated Joel Scott Ario, the chief insurance regulator for the state of Oregon and a former consumer advocate, to serve as Pennsylvania’s insurance commissioner. As the insurance administrator with the Oregon Department of Consumer …
Fair Isaac to Adjust Credit Scores to Stem Credit Renting Practice
Fair Isaac Corp. said this week tha the next version of its widely used FICO score will no longer consider certain types of credit card accounts, closing a loophole that allowed strangers to coattail on a cardholder’s good credit. The …
N.H. ADDRESSES HANDLING RISKS WITHOUT SOCIAL SECURITY NUMBERS
Personal auto insurance carriers in New Hampshire can’t refuse to quote a policy if the insured refuses to provide a Social Security Number for use in obtaining a credit score, according to Insurance Commisisoner Roger Sevigny. In a recent bulletin, …
N.H. addresses handling risks without Social Security Numbers
Personal auto insurance carriers in New Hampshire can’t refuse to quote a policy if the insured refuses to provide a Social Security Number for use in obtaining a credit score, according to Insurance Commissioner Roger Sevigny. In a recent bulletin, …
Texas’ April Enforcement Actions Result in Nearly $1M in Fines, Restitution
The Texas Department of Insurance recently announced enforcement actions taken by Commissioner Mike Geeslin that became final during April. The actions include six license revocations, a license denial and fines and restitution totaling more than $993,000. Only final orders are …
N.H. Clarifies Handling of Risks without Social Security Numbers
Personal auto insurance carriers in New Hampshire can’t refuse to quote a policy if the insured refuses to provide a Social Security Number for use in obtaining a credit score, according to Insurance Commisisoner Roger Sevigny has informed In a …
News Currents
Mass. auto report offers map to move state to limited price competition Also, advises against assigned risk pool change at this time and against erasing subsidies or allowing credit scoring A special auto insurance study group appointed by Massachusetts Gov. …
News Currents
Mass. auto report offers map to move state to limited price competition Also, advises against assigned risk pool change at this time and against erasing subsidies or allowing credit scoring A special auto insurance study group appointed by Massachusetts Gov. …
Florida officials: Education, job rating ‘unintentionally’ harms minorities
A Florida report on the use of occupation and education in underwriting and rating auto insurance asserts that while the practices “unintentionally harm minorities and low-income individuals,” they are nonetheless legal. “Let me be perfectly clear — this practice is …