Blog Header

In: Credit-based Insurance Scores (CBIS)

14 Jan 2021Actuarial Reports on Credit-Based Insurance Scores


An actuarial study published in 1996 by Tillinghast, an actuarial consultant firm, showed a “highly statistically significant” correlation between insurance scores…

Read More

13 Jan 2021CDIA Opposes Wash. Ban on Credit-Based Insurance Scores


With the support of Insurance Commissioner Mark Kreidler (D) and Governor Jay Inslee (D), S.B. 5010 was introduced in the 2021…

Read More

20 Aug 2020CDIA Opposes Nevada Limits on Credit-Based Insurance Scores


In August 2020, CDIA filed a comment with the  Nevada Commissioner of Insurance to express concern with proposed LCB File No. R087-20…

Read More

14 Aug 2020NAIC: Milestones in Racial Discrimination, Includes CBIS History


In August 2020, the National Association of Insurance Commissioners (NAIC) issued Milestones in Racial Discrimination within the Insurance Sector,  a report…

Read More

18 Jun 2020Center for Economic Justice: Ban Credit-Based Insurance Scores


The Center for Economic Justice (“CEJ”) issued a  Call to Insurers and Insurance Regulators to Address Societal Systemic Bias and Inherent Racism…

Read More

29 May 2020CDIA Opposed West Virginia Credit-Based Insurance Score Rulemaking


In May 2020, CDIA filed a comment with the West Virginia Offices of the Insurance Commissioner on its OIC Bulletin 20-12 – Insurance Scoring…

Read More

25 May 2020CDIA Opposes Colorado Rulemaking on Credit-Based Insurance Scores


CDIA filed a comment to the Colorado Division of Insurance expressing concern for a DRAFT Bulletin No. B-5.4X, which would limit the consideration…

Read More

04 Mar 2020Congressional Hearing on Credit-Based Insurance Scores


On March 4, 2020, the Subcommittee on Housing, Community Development, and Insurance of the U.S. House Financial Services Committee held a…

Read More

15 Jun 2016G’town Univ. Law Review: CBIS Are Not a Proxy for Income


Darcy Steeg Morris, Daniel Schwarcz, Joshua C. Teitelbaum, Do Credit-Based Insurance Scores Proxy for Income in Predicting Auto Claim Risk? G’town…

Read More

01 May 2013NAIC Lists State CBIS Reports


In March 2013, the NAIC provided a list of Studies, Reports and Surveys Examining the Use of Credit Scoring, Occupation or Education…

Read More