California Dept Of Insurance Investigating Automobile Premiums Discrimination

Wednesday, May 24th, 2017 Auto Legislation & Regulation Risk Management

The California auto insurance industry may soon be changing the way its rates are calculated in order to reduce discrimination against drivers from minority neighborhoods. The California Department of Insurance launched an investigation into the practices of eight auto policy providers in the state. The investigation is meant to decide whether the insurers are discriminating against people in minority neighborhoods. The California auto insurance rate investigation was launched in response to an article published on April 5, 2017. The article was a cooperative publication between Consumer Reports and ProPublica.


External References & Further Reading
http://www.liveinsurancenews.com/california-auto-insurance-investigating-premiums-discrimination/
SOS Ladder AssistMid-America Catastrophe ServicesAspen Claims ServiceHancock Claims ConsultantsNationwide Overspray