While the Washington Insurance Department has received a lot of attention over the past several months because of Commissioner Kreidler’s position and orders on credit scoring, Washington is not the only state to take the same stance.
The Maryland Insurance Administration issued a bulletin yesterday reminding all P&C insurers that the use of credit scores when underwriting or rating homeowners or auto insurance is prohibited by state statute.
Already have an account? Sign In Now
For enterprise-wide or corporate access, please contact our Sales Department at 1-800-543-0874 or email [email protected].
Copyright © 2024 ALM Global, LLC. All Rights Reserved.