California to Toughen Rules on Group Discounts for Car Insurance
Wall Street Journal | December 23, 2019
California regulators are planning stiffer rules on car insurance sold through occupational, educational and other so-called affinity groups, contending some programs unfairly discriminate against low-income people. The state’s insurance department on Monday said it has launched an effort to toughen oversight of group-discount arrangements. The move follows an investigation that found the most-frequent beneficiaries of these arrangements were Californians in ZIP codes with higher average incomes, higher levels of education...