Response to FTC Report on Relationship Between Credit Scores and Insurance Claims

We blogged yesterday on the FTC's report that found that (relatively low) consumer credit scores are predictors of auto insurance claims. PIRG's consumer blog claims here, however, that the FTC study is flawed. The PIRG post provides links to a major June 2007 National Consumer Law Center report on the topic and information on a congressional hearing to held tomorrow (Friday July 27). The hearing is entitled "Credit-Based Insurance Scores: Are They Fair?"