Safeco Insurance Co. of America v. Burr: U.S. Supreme Court Clarifies Standard of Liability Under Fair Credit Reporting Act
This memo outlines the Supreme Court's decision defining the scope of FCRA notice requirements for companies that use consumer credit information in setting rates for initial purchasers of insurance. The Safeco decision resolved a circuit split by holding that a "willful" violation of FCRA may be established simply by proving "reckless disregard" of the statute.