Abstract

Hitting the Poor Where They Live
Feldstein, Mark | April 4, 1994 issue

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This article presents information on insurance redlining in the U.S. The problem of redlining has gone on for decades, and is nearly as old as urban America itself. But although the federal government has recently begun cracking down on redlining by banks and mortgage companies, redlining by insurance companies has largely been ignored-in part, a legacy of the 1945 McCarran Ferguson Act, which essentially exempted insurance companies from federal regulation. As a result, it's been left to weaker state governments to try to stop redlining by powerful insurance corporations.

See Also:

INSURANCE; DISCRIMINATION in credit cards; INSURANCE companies; FEDERAL regulation; LAW; UNITED States
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