An insurance industry trade group is defending GEICO against charges it makes unfair use of education and employment as primary criteria for underwriting auto insurance.
The Property Casualty Insurers Association of America said yesterday that “some insurers have used these factors with the approval of state regulators for many years.”
Moreover, said Joseph Annotti, senior vice president of public affairs for PCI, the use of education and occupation “are valid factors for insurers to use in the marketplace.”
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