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Michigan Judge Approves Credit Based Insurance Rates.

posted 163 weeks ago on CrackInsurance

  Michigan state insurance regulators can't turn down insurance companies' rate filings based on their use of credit scoring in setting their premiums. Judge James Fisher issued a ruling stopping the Office of Financial and Insurance Regulation from denying rate increase requests from companies that use the practice. Insurance Commissioner Ken Ross said the state will appeal the [...] Related posts:Michigan Plays Hard Ball With Auto InsurersMichigan Insurance Advocate Seeks End To Credit-Scoring For Car InsuranceHealth Insurance Woes in Michigan
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