The Mudcat Café TM
Thread #72242   Message #1242223
Posted By: Rabbi-Sol
07-Aug-04 - 11:31 PM
Thread Name: BS: N.Y. State Halts Insurance Company Abuse
Subject: BS: N.Y. State Halts Insurance Company Abuse
New York State just passed a law under the leadership of Assembly Speaker, Sheldon Silver, outlawing an unfair biased practice of certain life insurance companies. They were charging higher premiums for applicants who had a history of travelling to Israel in the past. Silver claimed that the fact that people had a PAST history of travelling to Israel, does not put them at a FUTURE risk of doing so.
Any insurance company caught engaging in this practice will pay a hefty fine and will loose their license to sell insurance in NY State.
SOL ZELLER