ChicagoInsuranceRedliningExample.pptVIP

Chicago Insurance Redlining Example Were insurance companies in Chicago denying insurance in neighborhoods based on race? The background In some US cities, services such as insurance are denied based on race This is sometimes called “redlining.” For insurance, many states have a “FAIR” plan available, for (and limited to) those who cannot obtain insurance in the regular market. So an area with high numbers of FAIR plan policies is an area where it is hard to get insurance in the regular market. The data (for 47 zip codes near Chicago) involact = # of new FAIR plan policies and renewals per 1