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Leslie Bonacum
847-267-7153
mediahelp@cch.com
Neil Allen
847-267-2179
neil.allen@wolterskluwer.com

CCH INCORPORATED - Press Release

CCH INSURANCE SERVICES Releases New AuthenticWeb Matrix Covering Credit Scoring Requirements

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 call 1-800-481-1522.

 

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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