Licensing exams are an important part of consumer protection, but judging from the declining pass rates, something appears to have changed in New York.
Should stakeholders be concerned? By digging deeper into the data, the answer appears to be "yes.'
Should stakeholders be concerned? By digging deeper into the data, the answer appears to be "yes.'
Screening Diversity?
National studies show African American and Hispanics combined account for 12% of insurance agents, despite representing over 30% of the population. Other studies show that Hispanic households in particular are under-insured and less likely to know an agent. The charts below show that agents from the communities that are most under-represented in the insurance industry are least likely to get a license.
Is there a link between the studies and the DFS data?
Is there a link between the studies and the DFS data?