SACRAMENTO, Calif., Sept. 16 -- The California Department of Insurance issued the following press release:
SACRAMENTO, Calif. - California Insurance Commissioner Ricardo Lara today announced proposed regulations to prohibit insurance companies from using a driver's marital status as an optional factor when setting private passenger automobile insurance rates, taking the next step in his ongoing effort to modernize California's insurance regulations and strengthen protections for consumers.
"The price of your auto insurance should be based on how you drive, not whether you're married," said Commissioner Lara. "For 30 years, insurers have been allowed to use marital status when setting rates. Today, we are taking action to end that outdated...