Insurer Groups Sue Over Washington State Credit Scoring Ban

credit score concept on the screen of smart phone, checking payment history in bank

The adoption last week by Washington state Insurance Commissioner Mike Kreidler of a rule prohibiting insurers from using credit scoring to set rates for auto, homeowner, and renter insurance has already sparked a legal challenge from insurer groups. The American Property Casualty Insurance Association, the Professional Insurance Agents of Washington, and the Independent Insurance Agents… Continue reading Insurer Groups Sue Over Washington State Credit Scoring Ban