HUD Will Once Again Subject Homeowners Insurers To Discriminatory Effects Scrutiny
By EsqSocial Corporation 29/06/21
On June 25 the federal Department of Housing and Urban Development announced that it would re-codify its 2013 regulation subjecting the practices and policies of homeowners insurers to scrutiny under a disparate impact standard as a means of enforcing the Fair Housing Act. Our Client Alert of January 28 predicted this development, and insurers which utilize credit scoring and other race-neutral underwriting and rating practices, which arguably affect Blacks, Latinos, and other minorities...
By: Arent Fox