From the newswires:
Measure 42 has been closely watched nationally. Oregon voters were the first in the nation to consider whether to ban using credit information to help insurers set rates. Their overwhelming decision to reject Measure 42 shows a strong majority of voters are satisfied with the consumer protections already in Oregon law. The margin of defeat here is likely to discourage efforts in other states to ban the practice.
Even though I’m happy to see that Measure 42 failed, I must say the whole release seems an annoyingly smug statement from one of the organizations that campaigned against 42. I can’t help but wonder if it’s more a reflection of folks just finding Sizemore annoying, and not wanting to risk an insurance rate hike.
It’ll be interesting to see if Measure 42-like initiatives pop up on ballots elsewhere around the country in coming years.
This is all so wrong, My friend has real good credit but has 2 accidents and 2 speeding tickets just in the past 6 months, he has all ways been like that, But my credit is so so but my driving record is flawless, so isn’t it unfair that someone gets to pay less than I do when they have a bad record?
Owe I see, he has better credit.