High Court Takes On Insurers’ Credit Law Appeal

Law360, New York (September 26, 2006, 12:00 AM EDT) -- In a move that could affect liability and disclosure standards for instances in which insurers quote higher insurance rates to consumers with low credit scores, the U.S. Supreme Court on Tuesday agreed to hear arguments in two cases involving claims that several major insurance companies violated the Fair Credit Reporting Act.

The high court granted petition for certiorari on Tuesday in separate cases brought by auto and home insurer Safeco Insurance Co. of America and Geico General Insurance Co., the insurance unit of Warren Buffett's Berkshire...
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