Published on: 8279549. Use of Credit Reports and Credit Scores by Insurers, Unfair Discrimination in Use of Credit Reports or Credit Scores by Insurers
Published on: 6750926. To take public testimony regarding the use of credit scoring, credit history and credit models by insurers in the underwriting and setting of rates charged to consumers. The Office of Insurance Regulation is also seeking testimony and information regarding the adverse impacts credit scoring has on individuals based on race, color, religion, marital status, age, gender, income, national origin, or place of residence, as well as testimony regarding proposed rules which regulate the manner in which credit scoring models are approved by the Office.; February 18, 2009, 9:00 a.m. – conclusion; Cabinet Meeting Room, Lower Level, The Capitol, Tallahassee, Florida
Published on: 6750538. To review proposed Rule 69O-125.005, F.A.C., and to discuss specific objections to the language in the draft rule and receive suggestions for changes to the draft rule.; Tuesday, February 17, 2009, 9:30 a.m.; Cabinet Meeting Room, Lower Level, The Capitol, Tallahassee, Florida
Published on: 6299294. The Florida Insurance Council, Inc.; The American Insurance Association; Property Casualty Insurers Association of America; and National Association of Mutual Insurance Companies vs. Department of Financial Services and Financial Services Commission, Office of Insurance Regulation; Case No.: 07-3705RP; Rule No.: 69O-125.005, 69O-125.006; Dismissed
Published on: 6262822. The proposed rule will implement the provisions of Section 626.9741, F.S., which addresses compliance; statistical detail and standards necessary to ensure that rates or premiums associated with credit reports or scores are not unfairly discriminatory; and standards for review of models, methods, programs, or other processes that produce credit scores to determine that they are not unfairly discriminatory. The rule will establish standards and requirements for the use of credit reports or scores by insurers.