Thaddeus Swanek In risk-based pricing—common in marketplaces for home, car, or other insurance—consumers are offered different prices based on the risk presented. This allows insurers to set prices based on the risk they assume and to tailor policies, and prices, to potential customers. Holly Bakke, a former commissioner of the New Jersey Department of Banking… Read more about Expert View: How Letting Insurance Companies Use Risk-Based Pricing Lowers Premiums
Curtis Dubay When a potential new business never opens it doors because it cannot raise the capital to finance the opening, who loses? Most people would say the business owner and the people the business would have employed. But in the current debate over President Biden’s proposal to increase capital gains taxes by more than… Read more about Raising the Capital Gains Tax: Who Does it Really Hurt?
Bill Hulse Every American dream is different, every American dream is unique. But whatever that dream is, there’s a good chance it was made possible by a loan from one of America’s financial institutions. These American dreams come in every shape and size, and so do the banks which support them. Some funding comes from… Read more about How Banks Are Helping Main Street Recover and Thrive
Tom Quaadman When consumers are looking to borrow money, whether it be for a credit card, homeownership, or an auto loan, their past information is used by financial institutions to determine how best and at what level to provide the access to capital they need. Risk-based pricing, where lenders offer different consumers different interest rates… Read more about Supporting and Strengthening Risk-Based Pricing to Benefit All U.S. Consumers