Insurance
The use of credit information as a factor in insurance scores has been shown to be remarkably predictive of claims filings and loss ratios. Because the reasons behind the correlation may not be apparent, considerable research has been generated by the ensuing controversy.
| Study | Purpose | View Study |
| Credit-Based Insurance Scores: Impacts on Consumers of Automobile Insurance July 2007 Conducted by: Federal Trade Commission, Bureau of Economics | This study examines the effect of credit-based insurance scores on the price and availability of automobile insurance and the impact of such scores on racial and ethnic minority groups and on low-income groups | » Full Study |
| Report to the Congress on Further Restrictions on Unsolicited Written Offers of Credit and Insurance. December 2004 Conducted by: Board of Governors of the Federal Reserve System | The Fact Act specifically requires the Board to study the ability of consumers to avoid (or "opt out" of) receiving written offers of credit or insurance in connection with transactions not initiated by the consumer. | » Executive Summary |
