
Washington State Insurance Credit Ban News
The latest development and news is that on July 29, 2022, Thurston Superior Court Judge Indu Thomas ruled that the Office of the Insurance Commissioner lacked the statutory authority to unilaterally ban the use of credit information for rating and underwriting. This means that currently insurance companies are allowed to use credit information when deciding whether or not to offer someone insurance and to calculate how much to charge them.
August 18, 2022