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Page 4--the Daily Collegian-February 21,1980
Insurance
continued from page 1
such arguments, saying that most people
who cannot afford the insurance premi¬
ums also cannot afford a car. Therefore,
any changes would benefit the young
white, middle classed male who makes
up the highest risk group and pays the i
highest premiums.
However, as for sex discrimination,
Thompson said that insurance compan¬
ies are revising their rate structures,
being prodded by competition.
Yet, Thompson does not believe
that legislation outlawing sex as a risk
consideration will be passed for quite
sometime. "If it were the other way
around (if women were paying higher
rates), there would be an excellent
JfiWA^U.
•ATUtDAY,
AMU 2*
• PM. WINM1KA AUD t
nC«m AT STUM NT WMOH
v CMmrn cmjwx real cmmi kthhmkmai
chance," he said. "It seems that fe¬
males are more vocal than males."
Among the proposals to end discrim¬
ination as a basis of determining rates,
is to rely strictly on past driving records.
That alternative has been largely rejec¬
ted by the insurance industry According
to an article in the National Underwriter,
entitled "Keep Age, Sex, Marital Status
as Rate Factors," past records are simply
not adequate determinants of risk
"We all know that so-called 'clean
risks', often produce worse experien¬
ces than 'the dirty risk'...," said the
writer He went on to assert that it is
"absurd" to consider accidents controll¬
able
Still another article in the same publi¬
cation, stated that, although the past
record system seems to be objective, it
only succeeds if it is used for the "pun¬
ishment of past accidents, but not to
adjust premiums for the future." Studies
such as one conducted in 1972 by the
Highway Safety Research Center of the
University of North Carolina were used,
to demonstrate that the majority of the
drivers involved .in accidents had not
been involved in accidents during the
prior two years
If you have recently moved from a less
populated area to Fresno, your rates may
have increased And if you moved here
from a more populated area, your rates
may have declined. *
Insurance companies have established
zones throughout the country that vary
in risk assessment. The Fresno area is
considered as an entire zone
The differences in these zones are
bases on such factors as the number of
GRADUATING ENGINEERS-
EARN AS YOU LEARN WITH A
DYNAMIC YOUNG ORGANIZATION
The Naval Ship Weapon Systems Engineering
Station, Port Hueneme, California
CIVIL SERVICE CAREER OPPORTUNITY!
working with experts in weapon systems
technology involving in-service engineering
and integrated logistics support tor
nearly 150 U.S. Navy ships — tactical
software, digital computer, missile
testing, launching systems, three-
dimensional search radars, etc
GENEROUS CIVIL SERVICE BENEFITS.
FLEXTIME. DELIGHTFUL SOUTHERN
CALIFORNIA COASTAL CLIMATE.
Uncrowded community. Let's talk it over.
REQUIREMENTS: BS OR MS IN ENGINEERING
(preferably electrical, electronics or
mechanical).
Our representative will be
on your campus
Or write or call for more information:
OPPORTUNITY FOR GRADUATE EDUCATION
AT NEARBY UNIVERSITIES AND COLLEGES.
Port Hueneme is on the scenic Pacific
Coastline within a short drive to
beautiful Santa Barbara and the cultural and
educational opportunities of Los Angeles
Civilian Personnel Department (Code 0610)
NAVAL SHIP WEAPON SYSTEMS
ENGINEERING STATION
Port Hueneme. CA 93043
Call collect (805) 982-5073
An Equal Opportunity Employer M F US Citizenship Required
accidents per thousand people and the
number of people in a city Also, as in
hospital insurance, prices vary according
to expenses Fresno is a much cheaper
area than San Francisco for hospital
insurance, simply because medical costs
differ so much in the two areas Hospital
beds are less expensive here
In some cities, auto insurance rates for
residents of different areas within the
cities also* vary because of accident
records. Therefore, a person with a clean
driving record will have to share the
burden with others living in the area.
But the insurance executives point out
time and time again, that in order to
relieve people of such burdens others
will have to pay more. And few people
living in low risk areas are willing to
pay more for the others.
Although, it is illegial to "redline" or
refuse to insure an area," Brown of
MetropolitanJjfe, said that he has
heard that people seeking insurance in
some areas of Los Angeles have been
turned down He added that almost all
insurance companies would like to avoid
certain high risk areas.
Brown contended that different rates
for different areas are appropriate.
"It's like someone who lives in a war
zone You're going to charge accor¬
dingly."
The public has long had a image of
insurance agencies as kind of shady
operations seeking to rip off people
whenever they get a chance. However,
insurance people naturally disagree.
In fact, "if they sold only auto insur¬
ance they'd go bankrupt," said Thomp¬
son. Hi added that the insurance com¬
panies only offer auto insurance as
a service to their customers and actually
make a profit from other types of cover¬
age such as life insurance
Mutual Insurance companies return
their profits to their policy holders Vrt the
form of dividends making the consumers
more or less the owners of the company.
Stock insurance companies invest
premiums in stocks and bonds, which
helps explain the profit variation among
companies. However, all investiments
are strictly regulated and limited by the
federal government.
:%tfl*
222-
8564
ma
Prices effective
thru Feb. 29
with thin ad
&*» ROBERTO'S
HAIR CARE I
1089 E. Shaw Suite 104 I
Next to Carnation
Professional
Hair Care
For Men &
Women
W1SHON AND Ol.lVE»4
fjOBBSSL
FEBRUARY 21-24
Wtttershlp
-jyiuiu
Igtz&rXjRinas
_JniiU"sh.p 4 30.9 30 ml
TuMnTS: 82w
Call tor Show I imes,, -/%»i\,
Object Description
| Title | 1980_02 The Daily Collegian February 1980 |
| Alternative Title | Daily Collegian (California State University, Fresno) |
| Publisher | Associated Students of Fresno State, Fresno, Calif. |
| Publication Date | 1980 |
| Description | Daily (except weedends) during the school year. Microfilm. Palo Alto, Calif.: BMI Library Microfilms, 1986- microfilm reels; 35 mm. Vol.1, no.1 (Feb 8, 1922)- |
| Subject | California State University, Fresno -- Periodicals. |
| Contributors | Associated Students of Fresno State. |
| Coverage | Vol.1 no.1 (Feb 8, 1922)- to present |
| Format | Microfilm reels, 35 mm. |
| Technical Information | Scanned at 600 dpi; TIFF; Microfilm ScanPro 2000 "E-image data" |
| Language | eng |
Description
| Title | February 21, 1980, Page 4 |
| Alternative Title | Daily Collegian (California State University, Fresno) |
| Publisher | Associated Students of Fresno State, Fresno, Calif. |
| Publication Date | 1980 |
| Description | Daily (except weedends) during the school year. Microfilm. Palo Alto, Calif.: BMI Library Microfilms, 1986- microfilm reels; 35 mm. Vol.1, no.1 (Feb 8, 1922)- |
| Subject | California State University, Fresno -- Periodicals. |
| Contributors | Associated Students of Fresno State. |
| Coverage | Vol.1 no.1 (Feb 8, 1922)- to present |
| Format | Microfilm reels, 35 mm. |
| Technical Information | Scanned at 600 dpi; TIFF; Microfilm ScanPro 2000 "E-image data" |
| Language | eng |
| Full-Text-Search | Page 4--the Daily Collegian-February 21,1980 Insurance continued from page 1 such arguments, saying that most people who cannot afford the insurance premi¬ ums also cannot afford a car. Therefore, any changes would benefit the young white, middle classed male who makes up the highest risk group and pays the i highest premiums. However, as for sex discrimination, Thompson said that insurance compan¬ ies are revising their rate structures, being prodded by competition. Yet, Thompson does not believe that legislation outlawing sex as a risk consideration will be passed for quite sometime. "If it were the other way around (if women were paying higher rates), there would be an excellent JfiWA^U. •ATUtDAY, AMU 2* • PM. WINM1KA AUD t nC«m AT STUM NT WMOH v CMmrn cmjwx real cmmi kthhmkmai chance," he said. "It seems that fe¬ males are more vocal than males." Among the proposals to end discrim¬ ination as a basis of determining rates, is to rely strictly on past driving records. That alternative has been largely rejec¬ ted by the insurance industry According to an article in the National Underwriter, entitled "Keep Age, Sex, Marital Status as Rate Factors," past records are simply not adequate determinants of risk "We all know that so-called 'clean risks', often produce worse experien¬ ces than 'the dirty risk'...," said the writer He went on to assert that it is "absurd" to consider accidents controll¬ able Still another article in the same publi¬ cation, stated that, although the past record system seems to be objective, it only succeeds if it is used for the "pun¬ ishment of past accidents, but not to adjust premiums for the future." Studies such as one conducted in 1972 by the Highway Safety Research Center of the University of North Carolina were used, to demonstrate that the majority of the drivers involved .in accidents had not been involved in accidents during the prior two years If you have recently moved from a less populated area to Fresno, your rates may have increased And if you moved here from a more populated area, your rates may have declined. * Insurance companies have established zones throughout the country that vary in risk assessment. The Fresno area is considered as an entire zone The differences in these zones are bases on such factors as the number of GRADUATING ENGINEERS- EARN AS YOU LEARN WITH A DYNAMIC YOUNG ORGANIZATION The Naval Ship Weapon Systems Engineering Station, Port Hueneme, California CIVIL SERVICE CAREER OPPORTUNITY! working with experts in weapon systems technology involving in-service engineering and integrated logistics support tor nearly 150 U.S. Navy ships — tactical software, digital computer, missile testing, launching systems, three- dimensional search radars, etc GENEROUS CIVIL SERVICE BENEFITS. FLEXTIME. DELIGHTFUL SOUTHERN CALIFORNIA COASTAL CLIMATE. Uncrowded community. Let's talk it over. REQUIREMENTS: BS OR MS IN ENGINEERING (preferably electrical, electronics or mechanical). Our representative will be on your campus Or write or call for more information: OPPORTUNITY FOR GRADUATE EDUCATION AT NEARBY UNIVERSITIES AND COLLEGES. Port Hueneme is on the scenic Pacific Coastline within a short drive to beautiful Santa Barbara and the cultural and educational opportunities of Los Angeles Civilian Personnel Department (Code 0610) NAVAL SHIP WEAPON SYSTEMS ENGINEERING STATION Port Hueneme. CA 93043 Call collect (805) 982-5073 An Equal Opportunity Employer M F US Citizenship Required accidents per thousand people and the number of people in a city Also, as in hospital insurance, prices vary according to expenses Fresno is a much cheaper area than San Francisco for hospital insurance, simply because medical costs differ so much in the two areas Hospital beds are less expensive here In some cities, auto insurance rates for residents of different areas within the cities also* vary because of accident records. Therefore, a person with a clean driving record will have to share the burden with others living in the area. But the insurance executives point out time and time again, that in order to relieve people of such burdens others will have to pay more. And few people living in low risk areas are willing to pay more for the others. Although, it is illegial to "redline" or refuse to insure an area," Brown of MetropolitanJjfe, said that he has heard that people seeking insurance in some areas of Los Angeles have been turned down He added that almost all insurance companies would like to avoid certain high risk areas. Brown contended that different rates for different areas are appropriate. "It's like someone who lives in a war zone You're going to charge accor¬ dingly." The public has long had a image of insurance agencies as kind of shady operations seeking to rip off people whenever they get a chance. However, insurance people naturally disagree. In fact, "if they sold only auto insur¬ ance they'd go bankrupt," said Thomp¬ son. Hi added that the insurance com¬ panies only offer auto insurance as a service to their customers and actually make a profit from other types of cover¬ age such as life insurance Mutual Insurance companies return their profits to their policy holders Vrt the form of dividends making the consumers more or less the owners of the company. Stock insurance companies invest premiums in stocks and bonds, which helps explain the profit variation among companies. However, all investiments are strictly regulated and limited by the federal government. :%tfl* 222- 8564 ma Prices effective thru Feb. 29 with thin ad &*» ROBERTO'S HAIR CARE I 1089 E. Shaw Suite 104 I Next to Carnation Professional Hair Care For Men & Women W1SHON AND Ol.lVE»4 fjOBBSSL FEBRUARY 21-24 Wtttershlp -jyiuiu Igtz&rXjRinas _JniiU"sh.p 4 30.9 30 ml TuMnTS: 82w Call tor Show I imes,, -/%»i\, |
