use of credit history in insurance News

A start-up managing general agency focused on auto insurance for underserved populations including immigrants and Latin Americans has raised seed funding to help it launch an initial product. Sigo pulled in $1.5 million in financing from Amicle Capital, Bonded Capital …

Florida’s consumer advocate is calling for an investigation into insurers using homeowners’ past credit history to deny claims and cancel policies even though the homeowners have paid premiums for years. Florida Consumer Advocate Robin Westcott said some property insurers are …