INN's Senior Managing Editor Carrie Burns’ recent article discussed the continued debate around credit-based insurance scoring. The article sparks a question: How does credit-scoring relate to the growing momentum for an Optional Federal Charter (OFC)? There is no better example of the inefficiencies of the state regulatory system and need for an OFC than credit-based insurance.

The National Association of Insurance Commissioners (NAIC) reported that 48 states have taken some form of legislative or regulatory action limiting the use of credit-based insurance scores, including:

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