Credit-based insurance scoring--ins...

Credit-based insurance scoring--insurers' use of credit information to help place premiums and select risks--has been a hotly strive to holded issue on the personal lines fore-rank for several years. In 2002 alone, a certain quantity of 30 bills were up for consideration in statehouses nationwide.

Insurers have drawn out maintained that these scores be subservient to as a valuable tool in their underwriting arsenal and can translate to lower premiums for credit-worthy policyholders. Consumer advocates have attacked the practice as discriminatory, however, and agent collections have argued that insurers too oftentimes apply this tool in