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NAMIC Legal Study Finds Feds Are Insurance Dunces

A brief filed by the U.S. Department of Justice in a recent Supreme Court case over the use of credit scores by insurers shows a significant lack of knowledge as to how the industry works, according t

By Matt Brady | Updated on August 27, 2007

A brief filed by the U.S. Department of Justice in a recent Supreme Court case over the use of credit scores by insurers shows a significant lack of knowledge as to how the industry works, according to an official at an insurance industry group.

That lack of knowledge, according to National Association of Mutual Insurance Companies vice president for public policy Robert Detlefsen, should be viewed as a warning sign for those advocating a greater federal role in insurance regulation.

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