The irony is that Consumer Watchdog, Consumer Union and the actuarial firms that charge insurance companies $500 an hour for their forced “services” only employ wealthy white people.
Read the last sentence and it tells the tale….”charged at least 10 percent more in riskier…” Rates are being set based upon risk e.g. historic loss experience, not demographics.
The irony is that Consumer Watchdog, Consumer Union and the actuarial firms that charge insurance companies $500 an hour for their forced “services” only employ wealthy white people.
So, maybe we need more $500 per hour people to uncover crap like this.
Read the last sentence and it tells the tale….”charged at least 10 percent more in riskier…” Rates are being set based upon risk e.g. historic loss experience, not demographics.