Financial Services Industry
Industry: Email Alert RSS FeedTime to deal with, not fight, Fair Housing Act. (insurance industry)(Another Perspective)(Column)
National Underwriter Property & Casualty-Risk & Benefits Management, March, 1996 by Lynch, William H.
Once again, the U.S. Supreme Court has sent the message that the Federal Fair Housing Act applies to property insurance. It is time for the insurance industry to turn its energies from seeking exemption from federal civil rights laws to complying with them. We call on the National Association of Independent Insurers, the National Association of Mutual Insurance Companies and other industry groups to direct their energies to remedying the effects of past discrimination rather than the pursuit of court rulings or legislation excluding property insurers from the anti-discrimination provisions of the Federal Fair Housing Act.
For the second time, the U.S. Supreme Court has rejected efforts of an insurer to obtain a ruling, that its industry is not covered by the Act....
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