Saturday, December 31, 2005

CREDIT REPORTS: Hatch -- Keep credit scores out of insurance


CREDIT REPORTS: Hatch -- Keep credit scores out of insurance cost calculation (Grand Forks Herald)
MINNEAPOLIS - A proposal to ban the use of credit scores in setting the price of auto and homeowners insurance was outlined Thursday by Attorney General Mike Hatch and DFL legislators.

Conmen guilty of insurance scam face jail (Reading Chronicle)
TWO conmen who took part in an insurance scam where fake ads were placed in car magazines have been jailed for a total of three-and-a-half years.

Hatch targets credit-based insurance rates (Minneapolis/St. Paul Business Journal)
Minnesota Attorney General Mike Hatch and two state legislators announced a bill Thursday to ban insurance companies from using a consumer's credit score in setting prices for home or auto coverage.

Car accident takes toll on the Layton family (Park Record)
David Layton, was in a car crash last Thanksgiving that changed his life. Shortly after moving from Park City to Murrieta, Calif. he was in a car accident which left him with broken ribs, a cracked pelvis and six injured vertebrae.

Neighbor in need: Summer Hill helping woman devastated by house fire (Pittsburgh Post-Gazette)
Since the night her 12-year-old son Brian woke her, yelling "Mommy, Mommy, the third floor's on fire," Elizabeth Montgomery has stayed in hotels, at friends' houses and in her car, all the while fearing the city will fine her as early as next week for the charred remains, for which she had no insurance.

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