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Author:Brown, R.L. (et al.)
Title:Colliding interests - age as an automobile insurance rating variable: equitable rate-making or unfair discrimination?
Journal:Journal of Business Ethics
2007 : MAY I, VOL. 72:2, p.
Index terms:age discrimination
ethics
insurance
Language:eng
Abstract:This paper discusses many private business relationships that are increasingly characterized by claims that certain actions should not be permitted since particular right claims are involved. One context, the use of age as a rating variable in the pricing of automobile insurance, is analyzed. By identifying, evaluating and assessing the relevant basis for the differentiation, actuarial equity, it is suggested that there is an ethical basis for such a practice.
SCIMA record nr: 263696
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