APCIA: Ban on credit-based insurance scores is hurting Washington consumers
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APCIA: Ban on credit-based insurance scores is hurting Washington consumers

Giovanna Bellotti Azevedo
February 01, 2022
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Washington State Legislative Building
This image shows the exterior of the Washington State Legislative Building at the State Capitol campus in Olympia, Washington. | njpPhoto/Getty Images/iStockphoto

The American Property Casualty Insurance Association (APCIA) has said that the Washington state regulator’s permanent rule to ban the use of credit-based insurance scores for three years is turning the Washington insurance market into “chaos.”

In a statement regarding the Washington Office of the Insurance Commissioner’s (OIC) adoption of the ban, the APCIA said: “Commissioner Kreidler’s actions including this rule to prohibit insurers use of credit-based insurance scores will continue to throw Washington insurance...

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