In the past Sizemore has sponsored measures “to curb the political power of public employee unions, limit the size of government and reduce taxes on Oregonians.” In 1994 a measure sponsored by Sizemore passed “to scale back public employee pensions by requiring them to pay part of their salaries toward their pensions”.
Sizemore’s new foray into the insurance industry is being seen as “unwarranted government intrusion in the free marketplace.” In 2002 Sizemore was “hit with a $2.5 million judgment after a jury found his organizations had engaged in racketeering that resulted in forged signatures and false financial statements that allowed two anti-union initiatives to be placed on the November 2000 ballot.”
Sizemore is asserting that “just because someone has credit problems doesn’t mean they are an insurance risk.” On the other had the insurance industry “contends there is a link between poor credit and customers who are more likely to file claims and drive up overall insurance costs.”
Do you think there is a correlation between a persons credit history and the likelihood they will file a claim?
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