FTC Orders Nine Home Insurers To Furnish Credit-Scoring Data

Lehmann, R. J.
February 2009
Best's Review;Feb2009, Vol. 109 Issue 10, p11
Trade Publication
The article reports on the move of the U.S. Federal Trade Commission (FTC) to let the largest homeowners insurers submit their credit-scoring data. According to the article, the data aims to assert how consumer credit records are utilized in underwriting and rate-setting models of insurance companies. It also cites the reactions of insurance companies regarding the implications of the move of FTC.


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