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Alaska Law on Credit-Based Scoring Backed by Insurers Group

A new credit-based scoring law brings Alaska into line with the rest of the nation, and the Property Casualty Insurers Association of America is applauding the state for that.

Alaska Gov. Bill Walker and the Alaska Legislature approved HB 195, prior to which Alaska was the only state in the nation that required insurers to strip out the credit-based insurance score from the rating process when renewing an insurance policy.

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