Credit Scoring Working Group

Initiative/Project Name:

Credit Scoring Working Group

Status:

Active

Description:

The Credit Scoring Working Group is reviewing and examining the issues and options around the use of credit scoring models in underwriting and other ways that insurers use data from credit rating agencies. The working group reports the results of its review to the CCIR, whose individual members may apply these as they consider appropriate.

 

 

 

Publications:

Document Name Date
Description
Stakeholder Letter
November 2012
Release of Findings Report Use of Creidt Scores by Insurers.
Findings Report
November 2012
Findings Report Use of Credit Scores by Insurers.
Stakeholder Submissions
September 2011
Stakeholder Submissions - Issues Paper use of Credit Scores by Insurers.
Stakeholder Letter
June 2011
Release of Use of Credit Scores by Insurers.
Issues Paper
June 2011
Use of Credit Scores by Insurers.
Report on Credit-Based Insurance Questionnaire
November 2009
FSCO, on behalf of all Canadian Council of Insurance Regulators (CCIR) members, except Québec and British Columbia, sought information, through a questionnaire, to better understand how credit scoring is being used in the insurance industry.