CCH INCORPORATED - Press Release
CCH INSURANCE SERVICES Releases New AuthenticWeb Matrix Covering Credit
New Matrix Provides Easy-to-use Reference Tool to Stay Up-to-date with
Evolving Credit Scoring Requirements
(RIVERWOODS, ILL., January 7, 2004) – CCH INSURANCE SERVICES, the nation’s
leading provider of information solutions for insurance compliance
professionals, announced today that it has released a new AuthenticWeb™ Matrix
covering Credit Scoring requirements.
CCH INSURANCE SERVICES is the industry’s leading source of compliance
research, analysis and insurance forms in preprinted and electronic formats. The
AuthenticWeb Matrix for Credit Scoring summarizes, by state, requirements for
the use of credit scoring in personal and commercial lines insurance operations.
Nearly all states have enacted or promulgated legislation on the topic and
there is little consistency in approaching how to regulate insurers’ use of
consumer credit history and/or credit score information. Additional regulatory
action is now pending, as regulators seek to balance consumer protection with
the potential for enhanced competition and lower rates in the marketplace.
How will you stay informed in this ever-changing environment and ensure that
your procedures and policies comply with the various state laws? The
AuthenticWeb Matrix for Credit Scoring provides a convenient, reliable resource
to ensure you are informed as laws are enacted and that you understand the steps
necessary to achieve compliance with Credit Scoring regulation.
The Matrix provides critical information needed to comply with Credit Scoring
laws in day-to-day operations for each state. Content includes direct links to
regulatory material, lines of business covered, underwriting impact, ratemaking
impact, disclosure requirements, and state filing requirement(s). AuthenticWeb
Matrices, which are offered over the Internet, are updated monthly to ensure
current regulatory information.
For Additional Information
For more information or to request pricing information, please visit the CCH
INSURANCE SERVICES web site at www.insurance.cch.com,
email AuthenticWeb@CCH.com or
About CCH INSURANCE SERVICES
CCH INSURANCE SERVICES was formed by the April 2003 merger of Uniform
Information Services, Inc. and NILS Publishing. Together, Uniform and NILS bring
more than 140 years of compliance related expertise to the insurance industry.
CCH INSURANCE SERVICES is the insurance industry’s leading provider of
compliance tools, research, analysis and forms and is part of Wolters Kluwer
Financial Services. To learn more about CCH INSURANCE SERVICES, visit the
company’s web site at www.insurance.cch.com
or call 800-481-1522.
About CCH INCORPORATED
CCH INCORPORATED, headquartered in Riverwoods, Ill., was founded in 1913 and
has served four generations of business professionals and their clients. The
company produces more than 700 electronic and print products for the tax, legal,
securities, human resources, health care and small business markets. CCH is a
Wolters Kluwer company. The CCH web site can be accessed at www.cch.com.
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