OLYMPIA, Wash. – Insurance Commissioner Mike Kreidler reached out to insurance company CEOs and urged them to stand behind their recent pledges to end discrimination and racial inequities by supporting his proposal to ban the unfair practice of using credit scoring in setting prices for auto, homeowner’s, renter’s and life insurance.
“Many leaders in the insurance industry have recently pledged to eliminate inequity,” said Kreidler. “My proposal is an opportunity to convert these pledges into action.
“People will feel the economic impact of the coronavirus…