Insurers hit for being 'nat'l nanny' at hearing. (property and casualty insurance industry's alleged redlining of urban and rural communities)

National Underwriter Property & Casualty-Risk & Benefits Management, October, 1994 by Knowles, Robert G.

ATLANTA - Property insurers must be persuaded or, if necessary, compelled, to explain underwriting and marketing decisions which have had the effect of depriving inner-city and rural communities of dwelling insurance, witnesses before a federal hearing here charged. Georgia Insurance Commissioner Tim Ryles urged the federal government to work with state insurance regulators to blunt what he called the insurance industry's penchant for playing the role of a "national nanny" - a universal moral arbiter he said uses closely-held underwriting guidelines to register home office approval or disapproval of community lifestyles.

He noted that the Georgia insurance department has promulgated new regulations which will eliminate use by the state's auto insurers of...

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