National 鈥� April 28, 2004
“What I don’t understand is why there is a problem with a perfectly good plan to have persons more likely to have accidents pay their fair share of the risk. I don’t believe that there is any doubt about the actuarial tables that find a definite link between “low” credit scores and the risk of a loss. As for claiming discrimination, the scoring does not provide the companies any information about race so what’s the problem? As for insurance companies being in the risk business … that may be true, but the first responsibility for any company is to turn a profit. No profit, no business. We don’t need any more Kempers out there.”
鈥� Ray C. Margeson, Elmira, N.Y.
Topics Lawsuits
Was this article valuable?
Here are more articles you may enjoy.
Florida Mobile Home Insurance Market Still Struggling With Premiums, Coverage 
Mustard Maker Caught Pumping Pollutants Into River for Years and Lying About It 
Albertsons Reaches $774 Million Opioid Accord, Records Loss 
Connecticut High Court: Injured Rental Car Occupants Covered for Uninsured Motorist From This Issue
