Connecticut bill would ban setting premiums with credit scores

02/23/2009 | PropertyCasualty360

Amid the storm over insurers' use of consumer credit scores in setting auto coverage rates, Connecticut's legislature is seeking to ban the practice. "We will continue to work on the bill to revise and refine our ideas based on further input from the general public," said Rep. Steve Fontana, who co-chairs the Committee on Insurance and Real Estate. Consumer advocacy groups say credit score-based rates are discriminatory.

View Full Article in:

PropertyCasualty360

Published in Brief: