Insurance redlining: disinvestment, reinvestment, and the evolving role of financial institutions
This volume brings new evidence to bear on the issues that have framed almost 30 years of debate over insurance redlining -- discrimination in the homeowners' insurance market based on the racial or ethnic characteristics of neighborhoods. The authors present the most current findings on a range of critical issues: why and how the Fair Housing Act applies to insurance; the distribution of insurance products and services and the significance of race in that pattern; industry practices that contribute to unequal access; enforcement efforts to ensure equitable access; and industry initiatives to help reduce the objective factors that harm their ratings. They provide a framework for the development of public policy, private industry practice, and partnerships with community-based organizations that can facilitate insurance availability.
What people are saying - Write a review
We haven't found any reviews in the usual places.
Insurance as a Link
Application of the Federal Fair Housing Act
Availability and Affordability Problems in Urban
8 other sections not shown
Other editions - View all
ACLU actuarial adjusters African American agency agent location American Family analysis ance application average loss costs average premium broad-coverage chapter Chevy Chase cities civil rights claimants consumers Court coverage Department of Insurance differences discriminatory disparate impact disparate-impact dwelling effect ethnicity factors Fair Housing Act FAIR Plan Family's Federal Fair Housing filed groups higher Hispanic home insurance homeowner's insurance homeowners insurance Hurricane Andrew income inner-city insurance claims discrimination insurance companies insurance industry insurance market insurance redlining issue Latino limited-coverage loan loss ratios market share McCarran-Ferguson Act Milwaukee minority concentration minority neighborhoods mortgage NAACP plaintiffs NAIC Nationwide NFHA nonwhite owner-occupied payment percent percentage practices predominantly property insurance protected classes race racial discrimination rates regression analysis regulation replacement cost residents risk settlement significant standard surance tion U.S. Supreme Court underwriting guidelines urban insurance problems variables Velez white testers zip codes