PCI Urges NAIC to Leave Insurance Scoring to States

National News • March 16

“I have been a State Farm agent 34 years and have a little over 2000 cars insured. Because of credit scoring last year, I was only able to qualify 9 new auto sales for the entire year. This is typical of the State Farm agents across the country. The people that are hardest hit are the poor and elderly. To allow credit in any amount gives the company a free hand to do anything they want. I am the president of the National Association of State Farm Agents and this is a typical case. We have a resolution against Credit Scoring as does the agents’ associations of Farmers, Allstate and Nationwide.”

— David Swift, San Antonio, Texas