Representatives from seven insurance industry and consumer groups are set to testify Monday at a New Jersey Senate hearing on the controversial topic of whether job status and education should be a factor in setting auto premiums, according to a legislative notice.
The session in Trenton has been scheduled by Sen. Nia H. Gill, D-Montclair, who chairs the Senate Commerce Committee and has introduced legislation to prohibit use of education and job levels to rate driver risks.
The legislation up for discussion was generated after reports that GEICO used jobs and education as the sole basis in fixing eligibility and premiums for auto coverage.
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