Does My Credit Score Affect My Car Insurance Rates?

The image shows a person inspecting a damaged car and taking notes on a clipboard. The text "Does My Credit Score Affect My Car Insurance Rates?" is displayed at the bottom, along with the SIA Blogs logo in the corner.

Many drivers don’t realize how much their credit score can impact car insurance premiums. In most states, insurers use your credit score to help determine your rates, and even a small change in your score can lead to significant fluctuations in your premium. However, three states—California, Massachusetts, and Hawaii—have banned the use of credit scores…

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ERISA Penalties: Employer Fined for Failing to Provide Mental Health Benefits Information

A woman consults with a therapist, holding a tissue. Text overlay discusses ERISA penalties related to mental health benefits. The "SIA Blogs" logo is displayed in the lower-right corner.

The U.S. District Court for the District of Montana recently awarded over $32,000 in penalties against an employer’s self-insured health plan and its third-party administrator (TPA) for failing to provide requested information to a plan participant. This case involved a dispute over mental health benefits and underscores the importance of promptly responding to participants’ information…

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