1. Fighting for Fair Insurance.
- Subjects
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INSURANCE , *RACE discrimination , *FINANCIAL planning , *AUTOMOBILE insurance , *INSTITUTIONAL racism , *CONSUMER goods - Abstract
Now CR is supporting legislation in New Jersey and New York that would ban such practices more broadly and require more transparency into pricing formulas to make sure they don't contain built-in biases. With consumer goods, if a price seems unfair you can just choose not to buy the product. And in 2017 we helped persuade New York to ban the use of education and job status in car insurance pricing, unless insurers could prove they're not unfairly discriminatory. [Extracted from the article]
- Published
- 2022