It was a wild fourth quarter for impaired risk underwriting, with table shaving and lifestyle credits programs generating some of the most benevolent underwriting offers in a decade. But perhaps the real driver of substandard underwriting this last quarter was the carrier quest for market share. Competition is so fierce that it forces carriers to make business decisions over their established underwriting requirements and procedures. Steve and Jessica review some of the offers on impaired risk cases that made headlines during the substandard season.
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Syndicated financial columnist Steve Savant hosts the weekly video talk show for consumers entitled, Right on the Money and anchors the weekend news update On the Money News.
Steve is also the host of the daily producer show, Thought Leaders. Steve is of the top online author and videographer of... More