mr. willson? mr. snyder? >> mr. price, the ftc estimated 59% of the people pay less as a result of credit scores. frankly in the testimony given by companies in the states the numbers are much higher for many companies. so we would envision first of all a very negative effect on the fast majority of policyholders directly. second, it would deprive the market a critical tool that has allowed the market to evolves much more towards objective underwriting individually tailored to each risk which is given the company's confidence to write virtually everybody under the old system that was sort of past and feel you were either very good, normal or relegated to the high cost risk plans. now because of the toll that is capable of individuals accurate and objective risk assessment insurance companies are pretty much able to write anyone who comes to them which has resulted in the shrinkage to the historic lows of the high risk pools so there are a number that would come some directly to the majority of policyholders and then

mr. willson. -- before mr.chairman and both of you for your service madame secretary and general, thank you and general i had the honor last august to visit with the marines at camp leatherneck, camp bastion. it was inspiring since i represent parris island to see the dedication of the marines. i particularly appreciate what both of you are doing because i'm the co-chair of the afghan caucus visited the country nine times i have great respect for president karzai for the defense minister or and of general mcchrystal and petraeus we have an extraordinary team there. firsthand my former national guard unit, the infantry brigade of the national guard searched for a year in afghanistan led by general bob livingston and i visited with the troops from south carolina every three months and i found there was an extraordinary relationship between american forces and the people of afghanistan to the point they identify each other as brothers, american and afghan brothers so i'm hopeful. perfect, no but very helpful. with

mr. willson. -- before mr.chairman and both of you for your service madame secretary and general, thank you and general i had the honor last august to visit with the marines at camp leatherneck, camp bastion. it was inspiring since i represent parris island to see the dedication of the marines. i particularly appreciate what both of you are doing because i'm the co-chair of the afghan caucus visited the country nine times i have great respect for president karzai for the defense minister or and of general mcchrystal and petraeus we have an extraordinary team there. firsthand my former national guard unit, the infantry brigade of the national guard searched for a year in afghanistan led by general bob livingston and i visited with the troops from south carolina every three months and i found there was an extraordinary relationship between american forces and the people of afghanistan to the point they identify each other as brothers, american and afghan brothers so i'm hopeful. perfect, no but very helpful. with

mr. willson? mrsnyder? >> mr. price, the ftc estimated 59% of the people pay less as a result of credit scores. frankly in the testimony given by companies in the states the numbers are much higher for many companies. so w would envision first of all a very negative effect on the fast majority of policyholders directly. second, it would deprive the market a critical tool that has allowed the market to evolves much more towards objective underwriting individually tailored to each risk which is given the company's confidence to write virtually everybody under the old system that was sort of past and feel you were either very good, normal or relegated to the high cost risk plans. now because o the toll that is capable of individuals accurate and objective risk assessment insurance companies are pretty much able to write anyone who comes to them which has resulted in the shrinkage to the historic lows of the high risk pools so there are a number that would come some directly to the majority of policyholders and then i

mr. willson served as to the eckert analytics for the group at lexus nexus risk solutions joint equifax in3 and early experience included the walls us marketing analysts and field operations manager for electric and gas and telephone utility customers. then served as manager of strategic planning and research before moving to equifax in the development. he worked extensively on the flight of introduction of the first credit scoring models as a wealth of knowledge in this area. the current roll with nexis and lexis he continues to support insurance risk scoring models and manages the team of statisticians and modelers and he holds a b.a. in marketing and brand university down in georgia and m.b.a. from mercer university and other great institution in georgia. we want to welcome mr. wilson. you are welcome here. >> we are going to start with the gentleman from illinois,. you have five minutes. when you see it turning yellow you hve one benet. one minute last quite a while. when it is read five seconds later we hope he will wrap up. you are recognized for five minutes. >> thank you may to bec

mr. willson? mr. snyder? >> mr. price, the ftc estimated 59% of the people pay less as a result of credit scores. frankly in the testimony given by companies in the states the numbers are much higher for many companies. so we would envision first of all a very negative effect on the fast majority of policyholders directly. second, it would deprive the market a critical tool that has allowed the market to evolves much more towards objective underwriting individually tailored to each risk which is given the company's confidence to write virtually everybody under the old system that was sort of past and feel you were either very good, normal or relegated to the high cost risk plans. now because of the toll that is capable of individuals accurate and objective risk assessment insurance companies are pretty much able to write anyone who comes to them which has resulted in the shrinkage to the historic lows of the high risk pools so there are a number that would come some directly to the majority of policyholders and then