Prohibits financial institutions and insurers from discriminating based on political, religious, or other protected characteristics.
This bill amends South Carolina law to prohibit financial institutions and insurers from discriminating against individuals based on political affiliations, religious beliefs, lawful firearm ownership, and other protected characteristics. Insurers must base service decisions on sound underwriting and actuarial principles. Financial institutions must analyze risk factors unique to each customer. Violations are considered unfair trade practices under the South Carolina Consumer Protection Code.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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