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Resource ID: #18092
Subject: Insurance
Source: Wall Street Journal (New York)
Affiliation: 
Date: 24-Jul

Description

"Non-whites present special insurance problems..." the Wall Street Journal quotes a MetLife letter from 1964. MetLife, worried that increasing minority populations in the inner cities would increase lifeinsurance payout because of higher death rates, engaged in the practice of "area underwriting," by which policy prices are determined by the demogarphics of a geographical area when race data is not allowed to be directly collected.

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