Credit scores are used in over 10 billion business decisions each year and the insurance industry is no different. Insurers who use credit scores believe there is a direct statistical relationship between financial stability and losses even though the use of credit scores as an underwriting tool is heavily debated. This continuing education class discusses what a credit report is and the five key factors that make up an individual’s score, including common facts and fiction. Court cases are included for additional emphasis and understanding.

Class highlights include:

• What Makes Up a Credit Score


• Insurance Company and Agency “Best Practices”


• The Key Parts of a Credit Score


• How to Improve Your Credit Score


• The Legal and Regulatory Environment


• The Differences Between a Credit Score and an Insurance Credit Score


• Recent Changes in Credit Scoring Information


• The Truth About Credit Score Inquiries


• Approved for 4 Hours of Elective Continuing Education