Washington, D.C. — The Consumer Federation of America (CFA) today issued a research paper that raises serious questions about the actuarial
soundness of auto insurance rates being charged throughout the country.
The inconsistent pricing decisions
of these
insurance companies illustrates CFA's concern that tying
auto insurance rates to factors that a customer can not control and have nothing to do with their driving safety record — such as one's biological sex — leads to unfair discrimination and indefensible claims
of actuarial
soundness.