White Papers
Credit – Use in Insurance Scoring
A study by the The Federal Trade Commission indicated a strong correlation between credit history and the likelihood of future loss. It showed that certain credit characteristics are predictive of future claims experience.
The reason why certain credit information is predictive of future insurance claims is not entirely clear. The Insurance Information Institute have laid out their thoughts on why this correlation exists in a white paper, called ‘Credit Scoring‘. Follow the link to read the white paper online.
Life Insurance Choices & Values
A report by the Consumer Federation of America. Variable Life Insurance – Is It Worth it?
Excerpt: In general, a cash value life insurance policy is either whole life (WL), universal life (UL) or variable universal life (VUL). Cash value policies may also be defined as non- term life insurance policies that build policy values, which may be borrowed against or received upon surrender of a policy. If the net policy value (policy value less any surrender charge) is sufficient to cover monthly insurance costs, premium flexibility can include paying no premium.
Car Insurance – State Comparison
A 6-page press release by the Consumer Federation of America: The Consumer Federation of America (CFA) today released a detailed,
national study of automobile insurance regulation over the last two decades that found that rates
have risen more slowly in the fifteen states that require insurers to receive advance approval of rate
increases from the state. States with “prior approval” regulation also performed well in spurring
competition and generating significant profits for insurers. The top-performing state in keeping
rates down and providing comprehensive consumer protections was California.
Nationwide study of Auto Insurance regulations finds that consumers fare better in states that Pre-approve rates.
Health Insurance – Industry Conflicts of Interest
Report of the AAMC Task Force on Industry Funding of Medical Education (PDF, 43 pages)
The Task Force on Industry Funding of Medical Education has issued its final report for consideration in June by the AAMC Executive Council. The task force included institutional leaders; faculty; residents; students from the AAMC governance; CEOs from the pharmaceutical, biotechnology, and medical device industries; ethicists; and public representatives. (April 27, 2008)
