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Reward Enterprises' Consumers Choice Unit to Offer Insurance Product Lines: RWRD, ALL, CCRT, FNM.

Publication: M2 Presswire
Publication Date: 31-JAN-05 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-31 January 2005-InvestSource Inc.: Reward Enterprises' Consumers Choice Unit to Offer Insurance Product Lines: RWRD, ALL, CCRT, FNM(C)1994-2005 M2 COMMUNICATIONS LTD

RDATE:01312005

Stocks in the News: Reward Enterprises (OTC: RWRD), Allstate Corporation (NYSE: ALL), CompuCredit Corporation (NASDAQ: CCRT), Fannie Mae (NYSE: FNM)

Reward Enterprises (OTC: RWRD), a diversified financial services company specializing in sub-prime consumer lending, announced last Thursday that it is working with underwriters for a line of consumer insurance products for homeowners and auto policies. The product line would be underwritten without evaluating a consumer's credit scoring. President Jeff Fisher commented, "The Company's goal is to market an insurance product line that eliminates underwriting based on credit risk scoring. Most states allow insurance companies to evaluate credit scores to set premium rates for homeowner and auto policies. This policy...

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