A1273 — 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

A1273 — 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 CitizenryThis bill amends the insurance law to prohibit motor vehicle insurers from using specific socioeconomic factors to determine insurance premiums, rates, coverage terms, or actuarial tables. Prohibit…Open in Informed Citizenry