Pinterest Inc. said it would make changes to its workplace culture after a monthslong review prompted by former employees who publicly accused the company of gender and racial bias. The announcement Wednesday came two days after Pinterest agreed to pay $22.5 million to settle claims of discrimination and retaliation from its former operating chief. The… Continue reading Pinterest Pledges Changes to Workplace Culture After Discrimination Settlement
Tag: racial bias
Root Car Insurance Will Stop Using “Discriminatory” Credit Scores to Set Rates
The color of your skin can affect how much you pay for your car insurance, Root Insurance says, and it wants to change that. Using financial security as a means of deciding rates is one factor in the disproportionately high insurance rates for members of racial minorities, the company says. The trouble is, Root will… Continue reading Root Car Insurance Will Stop Using “Discriminatory” Credit Scores to Set Rates
NAIC to Scrutinize Insurance Rate Guidelines for Racial Bias
Many car insurers for years have used credit scores, education and occupation to determine your premium rate. Now, that approach is under review for potential racial discrimination. A standards-setting organization for state insurance departments is launching a wide-reaching effort to scour through existing practices—in sales, pricing, underwriting and all other facets of insurance—to identify those… Continue reading NAIC to Scrutinize Insurance Rate Guidelines for Racial Bias