Unfairly discriminatory definition
Unfairly discriminatory means not capable of being actuarially
Unfairly discriminatory means rates that cannot be actuarially justified, but does
Unfairly discriminatory means rates that result in premium
Examples of Unfairly discriminatory in a sentence
Section 4 affirmatively requires the insurance commissioner to take regulatory action against what is already illegal: Unfairly discriminatory enhancements to cash surrender benefits on seasoned policies which—for the purpose of inducing termination of the very purpose of life insurance, the death benefit—offer identical risks more in return for the same premiums than received by prior surrendering policyholders.
Unfairly discriminatory rates are potentially disastrous to consumers.
More Definitions of Unfairly discriminatory
Unfairly discriminatory means that adverse decisions resulting from the use of a credit scoring methodology disproportionately affects persons belonging to any of the classes set forth in Section 626.9741(8)(c), F.S.
Unfairly discriminatory means premium rates that result in premium differences between insureds within similar risk categories that do not reasonably correspond to differences in expected costs. When applied to premium rates charged, "unfairly discriminatory" shall refer to any premium rate charged by a small group or individual health insurance issuer in violation of R.S. 22:1095.
Unfairly discriminatory means adverse decisions resulting from the use of a credit scoring methodology that have a disparate impact on persons belonging to any of the classes set forth in Section 626.9741(8)(c), F.S. A credit scoring methodology that disproportionately affects any such class of persons has a disparate impact and is unfairly discriminatory.
Unfairly discriminatory means rating practices that reflect differences based on age, disability, race, ethnicity, gender, sexual orientation or health status that are not actuarially justified or are otherwise prohibited by law.
Unfairly discriminatory means rates that result in premium differences between insureds within similar risk categories that do not reasonably correspond to differences in expected costs. When applied to rates charged, "unfairly discriminatory" shall refer to any rate charged by small group or individual health insurance issuers in violation of R.S. 22:1095.
Unfairly discriminatory means that adverse decisions resulting from the use of a credit scoring methodology disproportionately impact persons belonging to any of the enumerated subcategories of the classes set forth in Section 626.9741(8)(c), F.S, as described in subsection (2) above.
Unfairly discriminatory means a rate that cannot be actuarially