African-American

  • Slavery
  • Companies
  • Hemen E. Perry
    • 1948 08 – AP-Thesis-Sociology - Heman E. Perry: Documentary Materials: For The Life History Of A Business Man, By Comradge Leroy Henton, Atlanta University: In Partial Fulfillment Of The Requirements For The Degree Of Master Of Arts  - [298p-Automatic-Download-Link] 
  • 1896 - AP - Race Traits and Tendencies of the American Negro, by Frederick L. Hoffman, a statistician at the Prudential Life Insurance Company, American Economic Association - 368p
  • Randy Neugebauer (R-TX):  I want to go back to one of the things that seems to be a common theme, and I do not want to put words in people's mouth, but that the credit scores are used in part of the underwriting process.
    • What is not standardized is some companies put more weight on that credit score than others.
  • Michael MCRAITH (NAIC / Director, Illinois Department of Insurance: Absolutely. The one example that I recall, Congressman, is several years ago, there were life insurance companies charging higher premiums to African-American enrollees because their life expectancy was shorter.
    • The country and States determined that was inappropriate.
    • I am not disagreeing with you.
      • I think we want companies to be accurately pricing their products and financially strong.
      • All I am pointing out is that actuarial justification in and of itself is not sufficient.

2010 0512 - GOV (House) - Use of Credit Information Beyond Lending: Issues and Reform Proposals - [PDF-263p, VIDEO-CSPAN]