EU court bans insurance sex discrimination

Submitted by arindamp on Tue, 2011-03-01 15:51

Story here. Excerpt:

'BRUSSELS: The European Union's highest court on Tuesday barred the insurance industry from charging different rates for men and women, saying the widespread practices amounts to sex discrimination against millions.

The ruling ordered changes effective December 21, 2012, to auto insurance, life insurance, medical coverage and other plans, potentially affecting tens of millions of customers across the continent. For example, many women driver would see their car insurance costs rise even though they are considered safer on the road.'

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