The link between big data and racial bias in the world of insurance
Nov 30, 2021

The link between big data and racial bias in the world of insurance

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Also today: We discuss the effect of the omicron variant has had on the vaccine markets after warnings from Moderna's CEO. Also, today may be Giving Tuesday, but charitable giving is expected to be down after a record year.

Segments From this episode

Regulators look at how "big data" may contribute to racial bias in insurance rates

Nov 30, 2021
Some advocates say the industry needs to move more quickly to address the issue.
While many insurance companies leverage big data and artificial intelligence to calculate insurance rates, advocates say it can produce disparities between urban and suburban residents. Above, a suburban neighborhood in Richmond, California, viewed from an Amtrak train.
Joe Raedle via Getty Images

The team

Victoria Craig Producer, BBC
Stephen Ryan Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Jay Siebold Engineer
Brian Allison Engineer
Alex Schroeder Digital producer
Meredith Garretson Producer
Erika Soderstrom Producer/Director