Insurers Warn N.J. Not to Restrict Use of Education, Job Status in Rating
East News • March 6, 2007
New Jersey drivers could see a return to high prices and fewer choices for their insurance if legislators limit the use occupation and education as rating factors, insurers warned lawmakers at a ...
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Subject: RE: RE: Geico Is Behind This
Posted On: March 7, 2007, 8:33 am CST
Posted By: Sam Johanson
Comment:
GEICO uses education and occupation in every state where allowed and has since their beginnings in 1936. What's interesting is that Maryland passed a law to specifically allow this practice. Previously, the Maryland Commissioner of Insurance issued a letter (at the request of GEICO) to all fellow commissioners advising them that as GEICO's home state commissioner, they have reviewed their practice and found it to be sound. Understand that it's in the best interest of the State of Maryland that GEICO continues to grow. Big business influencing Government officials has been around since the Caveman.
Subject: RE: RE: Geico Is Behind This