Boston–A National Association of Insurance Commissioners working group looking into regulating the controversial use of claims history in personal lines underwriting has taken no action after hearing insurance industry and consumer representatives square off on the issue.
The panel put off any decision on whether to create a model law or regulation, or develop something like a "statement of principles" to help guide their states in legislating on this issue.
Use of loss history in data bases such as ChoicePoint's Comprehensive Loss Underwriting Exchange has been questioned by opponents who contend the data can be flawed and consumers can be unfairly penalized when a claim inquiry is recorded as an actual claim.
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