Pennsylvania law does not prohibit an insurance company fromusing credit as an underwriting tool so long as it is done within the first 60 days of writing a policy. Under the law, an insurance company is granted a 60 day window from the inception of a policy to determine whether or not the policy fits into the company’s guidelines.In your letter, you stated credit scoring in part of the rating structure and presumable must be approved by the Insurance Department.

Dapartment only regulates underwriting guideline to the extent they are not discriminatory.Also, Federal lawunder the Fair Credit Reporting Act allows credit information to be used for underwriting financial and insurance transactions.Sincerely yours,Debra L. RoadcapConsumer Service InvestigatorThe response I received is hardly what I would call an answer, of course Federal Law preempts state law and the Fair Credit Reporting Act allows for use of such information, but the real question is why? An answer to this question has still not been received.

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