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 …
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 …
A case pitting several insurer groups against Washington Insurance Commissioner Mike Kreidler is set to be heard on Friday morning. The Independent Insurance Agents and Brokers of Washington, the Professional Insurance Agents of Washington and the American Property Casualty Insurance …
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 …
An order to ban insurers to use credit scores from Washington Insurance Commissioner Mike Kreidler is getting praise as well as drawing fire. Kreidler recently issued an emergency order prohibiting insurers from using a consumer’s credit score to price auto, …
Editor’s note: This article has been updated to remove life insurance from the list of lines of insurance that the bill covered. That language was removed from earlier versions of the bill, and no longer applies. Washington Insurance Commissioner Mike …
Insurer groups are taking issue with push by Washington Insurance Commissioner Mike Kreidler to prohibit insurers from including information from consumer credit histories in the insurance scores used to calculate premiums for auto, homeowners, renters and life insurance policies. Kreidler …
Washington Insurance Commissioner Mike Kreidler reached out to insurance company CEOs in a letter and urged them to stand behind their recent pledges to end discrimination and racial inequities by supporting his proposal to ban the unfair practice of using …
Washington Insurance Commissioner Mike Kreidler is calling on the insurance industry to end its use of credit scoring in auto, property, renters and life insurance, citing the economic impact of the COVID-19 pandemic and the calls to end institutional racial …
The Texas Department of Insurance (TDI) has issued a reminder to carriers that Insurance Code Section 559.103 provides for exceptions to the use of credit scores affected by certain events, including temporary job loss. TDI said the exemption applies following …
