1. 2003 Casualty Actuary Society State Regulatory Update Insurance Scoring

2. Who? Georgia-based Publicly Traded Formerly part of Equifax What we do Not... Insurance Company Credit Bureau underwriting information products C.L.U.E. credit reports motor vehicle reports insurance scores

3. This issue gets a lot of attention!

4. State Studies –Early Works WA DMV 1968 CA DMV 1987 –Recently Completed VA, WA, AK –In Process MD, TX

5. Reviews American Academy of Actuaries OH Civil Rights Commission Academic Reviews University of TX, Austin EPIC Actuaries

6. –Over 40 states bills introduced –over 50 bills banning –14 bills have passed NCOIL - AR, GA, IN, IL, NE, ND, FL, KS,VA, TX WY - no sole use AZ, CO – adjusted 2002 laws AK – similar to WA 2002 2002 –10 bills –7 regulations/rules –NCOIL model approved

7. Insurance Scoring Laws Update WA OR CA ID NV AZ* MT WY UT CO* ND SD NE KS NM TX OK MN WI IA MO AR LA MS AL TN IL IN MI OH PA KY WV ME VA NC GA SC HI VT NH ChoicePoint - Confidential AK NY MA NJ FL 2002 Action 2003 Action Laws solid, Regulations hash marks DE DC MD NJ CT RI

8. Public Policy Issues –adverse action letters FTC oversight –reason codes better explanations –No sole use interpretation