New York has issued guidance to commercial insurers that they are prohibited from inquiring about or making coverage decisions based on a property’s status as an affordable housing development or a tenant’s source of income. The guidance is in a …
The deadly blaze in a Bronx apartment building was the second such tragedy at low-income housing in the U.S. this month, highlighting the stubborn link between poverty and deaths from residential fires. “It’s not to say that poverty conditions invariably …
The California Department of Insurance (CDI) is reducing rates for the California Low Cost Auto Insurance Program (CLCA) for the second year in a row. With annual premiums starting between $226 and $338, the program helps income-eligible good drivers afford …
According to the Microinsurance Innovation Facility of the International Labor Organization and the Munich Re Foundation, “the number of microinsurance schemes worldwide has increased substantially over the past five years and now reaches an estimated 500 million worldwide.” Microinsurance has …
