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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