The collection and use of credit information by an insurance company to determine premiums was found to be reasonable in the circumstances in a recent Report of Findings by the Office of the Privacy Commissioner of Canada.  The conclusion was based, in part, on provisions in Ontario’s Consumer Reporting Act that confirm that credit information may be disclosed for the purpose of underwriting insurance.  The Commissioner did, however, find that meaningful consent had not been obtained and recommended, among other things, that the insurance company amend its application consent clause to address the collection and use of credit score information.

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