In the June 5, 2007 issue of The Wall Street Journal, Jess Bravin reports that the U.S. Supreme Court has unanimously ruled that the Fair Credit Reporting Act does not require insurers to inform customers that they have examined their credit reports. The justices noted that the act requires companies to notify consumers when credit reports are the basis for adverse actions, such as increasing rates. This ruling protects insurance companies from class-action lawsuits based on allegations that they failed to send required notices to millions of consumers.

Insurers Win Credit-Reports Case (The Wall Street Journal, 6/5/07)

June 12, 2007