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Florida Credit Score Rule Kayoed

The OIR filed its rule in March 2005 to implement the credit law passed by the Florida Legislature in 2003. That law, based on the National Conference of Insurance Legislators' Model Law on Credit, au

By Steven Tuckey | Updated on January 03, 2007

A Florida administrative law judge has declared that the Florida Office of Insurance Regulation’s rule regarding the use of credit information by insurers is invalid.

According to the OIR, the rule requires all insurers to provide proof that the use of credit information in underwriting does not have a disproportionate effect on any protected class of people.

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