‘I am aware that these terms are employed in senses somewhat different from those usually assigned. But my purpose is to explain, not the meaning of words, but the nature of things.’ –Spinoza
The Allstate Corporation today issued the following statement:
We recently issued a press release on Zodiac signs and accident rates, which led to some confusion around whether astrological signs are part of the underwriting process.
Astrological signs have absolutely no role in how we base coverage and set rates. Rating by astrology would not be actuarially sound. We realize that our hard working customers view their insurance expense very seriously. So do we.
We deeply apologize for any confusion this may have caused.
{ PR Newswire | Continue reading | Thanks Tim }
photo { Bronco Chase, Los Angeles, June 17, 1994 }
