New efforts in various states to ban insurer use of credit records to rate consumers are unlikely to win passage, according to an insurance group's government affairs expert.
That assessment came from Neal Alldredge, state advocacy director for the National Association of Mutual Insurance Companies, in the wake of a call by Minnesota Attorney General Mike Hatch for the banning of credit scoring.
"Mr. Hatch is running for governor, and so this is about politics more than anything else," said Mr. Alldredge.
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