Industry Group Reviewing Insurance Rate Practices for Racial Bias

An industry group known as the Insurance Information Institute is analyzing the role racial bias plays in calculating insurance premiums. Explicit racial bias, i.e.., setting premiums directly based on race (known as "redlining") has been illegal since the mid 20th century.  But rates continue to bet set based on criteria that indirectly reflect racial bias. …

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Can The Insurance Company Cancel My Policy For Late Premiums?

It's fairly easy to miss an insurance premium payment.  You buy your policy online, set up monthly auto pay through your debit card, and forget about it.  But then you have to replace your card, or get a new card number or bank, or the account is overdrawn, or something else happens.  Or, maybe you're …

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