Boston -- If laws, regulations and public opinion combine to prevent carriers from using credit scores to set insurance rates, the industry will need to find new ways to assess risk, according to speakers at the Casualty Actuarial Society Seminar on Predictive Modeling this month in Boston.

"If you are limited in terms of factors you can use, recalibrate current factors to make the best use of the situation when you cannot use insurance scoring," advises Roosevelt C. Mosley, a principal at Bloomington, Ill.-based Pinnacle Actuarial Resources Inc.

Register or login for access to this item and much more

All Digital Insurance content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access