OIR Seeking Public Testimony On The Use of Credit Reports and Credit Scores by Insurers

Feb 6, 2009

The Florida Office of Insurance (“OIR”) will hold public meetings on Tuesday, February 17 and Wednesday, February 18, 2009 on Rule 69O-125.005:  Use of Credit Reports and Credit Scores by Insurers. 

Meeting details are as follows:

 

Tuesday, February 17

 

Public Workshop on the Use of Credit Reports and Credit Scores by Insurers

The purpose of the public workshop is to review proposed Rule 69O-125.005, discuss specific objections to the draft Rule language and receive suggestions for changes to the draft Rule.  To view the workshop notice, click here.

Date:  Tuesday, February 17, 2009
Time:  9:30 a.m.
Place:  Cabinet Meeting Room, Lower Level, The Capitol, Tallahassee, Florida

 

 

Wednesday, February 18

 

Public Hearing on the Use of Credit Reports and Credit Scores by Insurers

The purpose of the public hearing is to take public testimony regarding the use of credit scoring, credit history and credit models by insurers in the underwriting and rate-setting process in relation to Rule 69O-125.005.

The Florida Office of Insurance Regulation also is 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.

To view the hearing notice, click here.

Date:  Wednesday, February 18, 2009
Time:  9:00 a.m.
Place:  Cabinet Meeting Room, Lower Level, The Capitol, Tallahassee, Florida

 

Should you have any questions or comments, please do not hesitate to contact Colodny Fass.

 

To unsubscribe from this newsletter, please send an e-mail to ccochran@cftlaw.com