Tuesday, January 4, 2011

New Law in 2011 for California

A new law went into effect beginning January 1, 2011 in California whereby Insurance Providers must charge males and females the same amount for life insurance and as such the insurance companies cannot discriminate by sex.

The problem is that this is only going to raise insurance rates for women since women and men age differently, are susceptible to contract different illnesses and die at different ages. As such, this is an absolutely ridiculous and stupid law that ignores all science. Welcome to California where we cease to use any sense of reasonableness or logic and just do whatever we want!

The positive, is that it is another avenue to challenge AIL. As such, if you are contacted by an AIL representative or an AIL employee make sure that they are complying with the law in California.

So, attention California Offices you are being watched and pay attention to the statute of limitations on current and future litigation...