EU Faces Renewed US Ire After ESG Cutbacks Fail to Calm Tensions

The European Union’s ESG framework — a shadow of its former self after a year of deep cuts — is drawing renewed threats...
HomeFlood InsuranceHow Insurance Companies Set Your Rates | Blog

How Insurance Companies Set Your Rates | Blog



The use of insurance scores isn’t uniform across all states. For instance, in Massachusetts, insurance carriers are prohibited from basing premium rates or decisions on policy renewals on credit-based scores. However, insurers may still consider these scores when deciding whether to take on a new client. Other states that limit or prohibit the use of insurance scores include California, Hawaii, Maryland, Michigan, and Washington.