Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

To what extent can insurers use credit scores to determine the rates policyholders are charged?

April 26, 2017charged credit determine extent insurers policyholders rates scores

0

Posted

To what extent can insurers use credit scores to determine the rates policyholders are charged?

1 Answer

0

Posted

A. SB 14 requires the commissioner to adopt rules that establish the extent credit scores can be used to determine the rates policyholders are charged. Department staff is currently working on rules with a target date of proposing rules sometime in August 2003.