Florida insurers can expect either new regulation or legislation will be proposed in the wake of a state hearing as to whether their auto customer rating process discriminates against minorities, an industry lobbyist said.
The comments of Florida Insurance Council Vice President Gary Landry followed last Friday's Office of Insurance Regulation hearing on the possible racial impact of education and occupation factors in underwriting.
Although there are no specific proposals on the issue as of yet, he said that some of the special measures taken at the hearing should provide evidence of the interest in the issue.
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