Consumer advocate Birny Birnbaum entered the lion's den this week and told an insurer conference that their use of credit scores to rate customers can be "inherently unfair."
The session==entitled "Credit-Based Insurance Scoring: Valid Risk Assessment or Unfair Discrimination?"==which included two other speakers with a differing view, was held at the annual National Association of Mutual Insurance Companies convention.
When moderator Steve Brostoff, editor and publisher of Liability & Insurance Week, began the program by asking attendees how many used credit scoring with their companies, a third or more raised their hands.
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