Copyright 2010 SNL Financial LCAll Rights Reserved SNL Insurance Daily
January 21, 2010 Thursday
LENGTH: 55 words
HEADLINE: Washington state insurance commissioner wants to ban insurers’ use of credit information
BYLINE: Jasir Jawaid
HIGHLIGHT:
Washington state Insurance Commissioner Mike Kreidler is seeking a ban on the insurance industry’s practice of credit scoring, saying the sector’s reliance on credit information is “startling.”
Washington state Insurance Commissioner Mike Kreidler is seeking a ban on the insurance industry’s practice of credit scoring, saying the sector’s reliance on credit information is “startling.”
According to a Jan. 19 news release, Kreidler said the practice is “discriminatory and blatantly unfair” in light of the current economy.
LOAD-DATE: January 27, 2010
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