A federal court in New Orleans will soon hear the case of a group of Allstate and State Farm policyholders who claim they were unfairly discriminated against by the insurers' use of their credit history to rate them.
Earlier this month, the seven-member Louisiana Insurance Rating Commission, which rules on carriers' rate requests, said it had found no evidence that State Farm and Allstate's use of credit-based insurance scores had unfairly discriminated against auto and homeowner policyholders.
Policyholders had argued that the two insurers' use of credit information to compile insurance scores resulted in discrimination against minorities and low-income customers and resulted in policy cancellations, nonrenewals or higher rates.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
