Insurance score definition

Insurance score means a number or rating that is derived from an algorithm, computer application, model, or other process that is based in whole or in part on credit information for the purposes of predicting the future insurance loss exposure of a consumer.
Insurance score means a number or rating that is derived from an algorithm, computer application, model or other process that is based in whole or in part on credit information for the purposes of predicting the future loss exposure of an individual applicant or insured.[PL 2003, c. 223, §1 (NEW).]
Insurance score means a number or rating that is derived from an algorithm, computer application, model or other process that is based in whole or in part on credit history.

Examples of Insurance score in a sentence

  • In exploring this idea, the project will liaise with other relevant Commission-funded initiatives (e.g. ROLE project2) and closely monitor wider market developments3.

  • Total score of PT.Adira Insurance score is 6 of 11 performance measures.

  • The survey determines the gen- eral impressions of the graduates, their level of satisfaction with the curriculum, academic and other services.

  • Please also see the Travelers Quantum Homeowners - Rating Methodology for Insurance score model validation.


More Definitions of Insurance score

Insurance score means a number or rating that is derived from an algorithm, computer
Insurance score means a number or rating that is derived from an
Insurance score means a number, rating or any categorization that is derived from an algorithm, computer application, model or other process that is based in whole or in part on credit history for the purposes of predicting the future insurance loss experience of an individual applicant or insured.
Insurance score means a number or rating that is derived
Insurance score means a number, rating, or grouping of risks that is based in whole or in part on credit information for the purposes of predicting the future loss exposure of an individual applicant or insured.
Insurance score means, for the purpose of insurance underwriting
Insurance score means a number or rating that is derived from an algorithm, com-