NY Regulator Studying How Car, Other Insurance Rates Are Set

New York’s tip financial watchdog warned insurers this week about charging aloft prices to business slightest expected to emporium around, a latest state to lift questions about how a attention uses information when environment rates.

Department of Financial Services Superintendent Benjamin Lawsky sent a minute to hundreds of automobile and skill insurers seeking for any sum on math-driven models that find to envision how business conflict to several cost levels, according to a duplicate reviewed by The Wall Street Journal. The practice,…

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