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Jun 3
Measure To Freeze Access To Credit Information Faces Insurer Opposition
A measure to allow consumers to freeze access to their credit information has reached the desk of NY Governor George Pataki.  Insurers oppose this identity theft measure because the power to freeze access to credit information extends to insurance companies according to nationalunderwriter.com.  An insurance trade group is planning to meet with Pataki to discuss the issue.

A total of nine other states have passed credit freeze legislation in 2006; Colorado, Florida, Illinois, Kansas, Kentucky, South Dakota, Utah, Vermont and Wisconsin.  All of these states have excluded insurers from the legislation to allow for “underwriting and other legitimate business purposes.”  The fact every other credit freeze measure did not include insurers speaks to “the fact that consumers face little risk of identity theft from insurance purchases.”


I was not aware of all of those states that passed a credit freeze measure.  That is a powerful tool for the consumer to protect against identity theft.  This might be a trend slowly sweeping the country considering the amount of states passing the law in just this year. 


Would you like to see this law passed in your state? 

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