[Captain Jack Aubrey]

Kaine received a $5.9 million fee because insurers thought bad neighborhoods were bad insurance risks. Being a bleeding hears pays very well.

[E. Pluribus Unum]

Hillary Clinton’s choice for presidential running mate, Virginia Sen. Tim Kaine, is a Harvard Law grad who cut his teeth as a young lawyer fighting for fair housing issues, winning a $100 million jury verdict against Nationwide Insurance over allegedly discriminatory lending practices.

This tells you everything you need to know about him and his use of banks as a Democrat slush fund.

If blacks were being discriminated against in the lending business, they would have had a lower default rate than everyone else, but they didn't. Even then they're default rate was far above everybody else.'

[Enchante]

I heard a small snippet of their rally today (all that I could bear), and Shrillary introduced him as some idealistic, altruistic guy who specialized in “civil rights” law... yeah, right, for millions of dollars based upon spurious lawsuits.

[Captain Jack Aubrey]

Of course, I meant that being a bleeding heart pays very well.

Reminds me the Hugh and series days.

[Fido969]

And Hillary defended child rapists.

[HiTech RedNeck]

Too little is said here (and the original source is a membership source) to make any kind of assured valid conclusion. Are insurance firms in the mortgage issuing business?

Donald, if he is on his toes, WILL research this for ways to address it. The problem could ultimately be with the law. Anyone can sue; whether you win in a government of law (which we all supposedly are clamoring for) ought to depend on the law. Mere outcome-based law sets up what is famously known as moral risks, incentives to do nothing to ameliorate one’s exposure to risk and is especially troublesome when dealing with people known to have the Frito-Lay chip factory on their shoulders. However being bad policy doesn’t make something contrary to law or the constitution.

[BatGuano]

Captain Jack: I'm not in the insurance business, but if I were, I would consider bad neighborhoods are bad insurance risks. Just sayin’. Lawyers, (Kaine) feed upon insurance companies that expose themselves to the bleeding hearts.

Sound business practices be damned if there is any smell of discrimination.

[Bigg Red]

+1

[Intolerant in NJ]

Ah, and this is exactly the crap - because minorities don’t have the same access to housing and insurance as many whites, they’re being discriminated against and must have equal access in spite of their ability to pay - that led to ‘rats housing policies in giving away free homes to the poor at taxpayer expense - and to the great economic collapse of 2008 - thanks Kaine.....

[Twinkie]

Yeah. Thanks, Kaine. For causing our insurance rates to go
through the roof in order that YOUR $5.9 million LAWYER’S
FEE could be paid by our insurance company!

These “housing projects” are not fit for human beings to
live in!