Issue Brief

Issue Brief on Sourcing Protected Class Information in P&C Insurance

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Publish Date:

06/28/2022

Category:

Policy & Research

Topics:

Casualty, Diversity, Equity, and Inclusion

Issue Brief on Sourcing Protected Class Information in P&C Insurance The Racial Equity Task Force released an issue brief discussing the potential options to obtaining protected class information on insureds in the P&C insurance industry to test for practices that may disproportionally harm members of any protected classes. It also evaluates three general data collection methods-collecting additional data, capturing existing external data, or imputing data-for desirable attributes such as accuracy, efficiency, and the size of the data set.