Medical Information Bureau

From Wikipedia, the free encyclopedia

MIB Group, Inc., also known as the Medical Information Bureau, is a nonprofit credit rating agency serving the North American insurance industry.

MIB collects and furnishes information on consumers to all MIB members, approximately 500 member insurance companies, for use in the insurance underwriting process. In addition to an individual's credit history, data collected by MIB may include medical conditions, driving records, criminal activity, and participation in hazardous sports, among other facts. MIB's member companies account for 99 percent of the individual life insurance policies and 80 percent of all health and disability policies issued in the United States and Canada.

According to MIB, most people do not have an MIB record, and only 15 to 20 out of every 100 insurance applications generate an MIB record.

MIB is based in Westwood, Massachusetts, and was established in 1902.

[edit] References and external links

• MIB Group website
• Littell, Bob (2000-02-07). "The Mysterious MIB - Not Any More...". The National Underwriter. Retrieved on 2006-08-04.

This article incorporates text from http://www.ftc.gov/opa/1995/06/mib.htm, a public domain work of the United States Government.