A843 — Prohibits motor vehicle insurers from discrimination on the basis of socioeconomic factors in determining algorithms used to construct actuarial tables, coverage terms, premiums and/or rates

A843 — Prohibits motor vehicle insurers from discrimination on the basis of socioeconomic factors in determining algorithms used to construct actuarial tables, coverage terms, premiums and/or rates · Informed CitizenryThe bill amends the insurance law by adding a new section, § 2618, titled "RATING FACTORS PROHIBITED." It prohibits any insurer or insurance company group doing business in New York State as a mot…Open in Informed Citizenry