2020 Webinar - Disparate Impact and Rate Differentiation: A New Paradigm - Nov 19

As regulators intensify their focus on potential systemic bias and racial inequity in insurance practices, we are seeing increasing efforts to tie state regulatory prohibitions against “unfairly discriminatory” rates to “disparate impact.” This session will look at what insurers should consider as they evaluate these issues within their own organizations. This session will also provide an overview of recent NAIC discussions and state insurance department efforts, and will examine lawsuits against corporations that “advertised” robust diversity and inclusion programs, but allegedly lacked appropriate corporate governance mechanisms to ensure compliance.