OLYMPIA, Wash. – Washington Insurance Commissioner Mike Kreidler is urging his colleagues in other states to consider action to ban the use of consumers’ credit scores for determining insurance rates.
Kreidler’s call for action follows a Thurston County Superior Court ruling on April 23 that allowed his emergency rule to temporarily ban the use of insurance credit scores to remain in effect. The decision denied an industry request for a preliminary injunction.
Kreidler issued the emergency rule on March 23. It takes effect June 20. To comply, insurers…