Well…Michigan residents got another slap in the face from the Michigan supreme court last week when they ruled that insurance companies can use credit scoring to help set rates for the insurance they sell here. I know they have statistics that show that people with higher credit scores cost them less in claims and thus should pay less…but I’m sure that if they looked at height, hair color, or weight, there would be a correlation there, too. I probably should correct something I said earlier, too…it’s not that those with higher credit scores will pay less…no,no,no…it’s that those with lower scores now will pay more…the rates will never go down for anyone.

If you are not from Michigan, you wouldn’t know that the insurance industry here has basically bought and paid for the decisions in the Supreme court since we have elected judges, along with buying the repub controlled senate to get whatever they need in the form of rate hikes and sweetheart laws. This last one hits just when another article in the paper this morning noted that credit scores in general have taken the largest downturn since they were invented due to the severity of the recession. So, through no fault of their own, and in no relation to the risk that the insurance companies have to bear, millions of Americans will now have their insurance costs raised just to give more profit to these companies.

When are we going to wake up and stop this kind of thing? When are the repubs going to start siding with the people over their business cronies? Geez….