CAVAN, IRELAND, May 26, 2011 (Press-News.org) The European Court of Justice has ruled that insurance companies can no longer set premium prices based on gender. The new rules could mean young drivers' car insurance could be significantly cheaper in the future for male drivers. The recently issued judgment will ensure that car insurance premiums in the UK and Ireland are based on a fair risk assessment which does not include gender.
The European Court has passed a new ruling which removes gender considerations from a wide range of commercial activities. The basic principle behind this was whether or not it is legitimate to offer something at a price that may vary depending upon the gender of the purchaser*.
Car insurance specialist Quinn Direct says that young drivers will still continue to receive cheap car insurance regardless of gender.
One factor that influences car insurance quotes in the UK is accident statistics. Such statistics have long shown that, overall, females tend to be a lower risk when driving compared to males.
For many years, insurers have set their car insurance prices based on the perceived risk associated with a given individual. Insurance companies and consumers alike have widely accepted this as the fairest way of determining car insurance premiums.
Following the Court's ruling in March, pricing based on gender is no longer permitted and some industry commentators feel that this may lead to significant premium increases in car insurance quotes for female drivers. Young, male motorists though, could start to enjoy cheap car insurance, with their premiums being significantly reduced.
A paper issued by the Association of British Insurers (ABI) last year* outlined that any Court ruling in favour of equality would increase the cost of women's car insurance - particularly ladies aged under 25 by 25%. Male drivers in the same age group could enjoy an average 10% reduction in the cost of their car insurance premium.
Quinn Direct say they will still continue to offer great value cover, irrespective of your age or gender.
*Sources:
http://www.u.tv/News/Insurance-and-pensions-Paying-the-price-of-equal ... 078eb07904
http://curia.europa.eu/jcms/upload/docs/application/pdf/2011-03/cp110012en.pdf
Quinn Direct: New Gender Equality Rule Will Affect Your Car Insurance
Young male motorists could start to enjoy cheap car insurance with their premiums being significantly reduced following a court ruling over insurance prices based on gender.
2011-05-26
ELSE PRESS RELEASES FROM THIS DATE:
Nearly 1 in 5 young adults has high blood pressure, study shows
2011-05-26
The number of young adults in the United States with high blood pressure may be much higher than previously reported, according to a new study by researchers at the University of North Carolina at Chapel Hill.
Researchers analyzed data on more than 14,000 men and women between 24 and 32 years old in 2008 from the National Longitudinal Study of Adolescent Health, known as Add Health, funded by the National Institutes of Health. They found 19 percent had elevated blood pressure, also referred to as hypertension. Only about half of the participants with elevated blood pressure ...
Large NIH funded rehabilitation study looks at getting stroke patients back on their feet
2011-05-26
In the largest stroke rehabilitation study ever conducted in the United States, stroke patients who had physical therapy at home improved their ability to walk just as well as those who were treated in a training program that requires the use of a body-weight supported treadmill device followed by walking practice.
The study, funded by the National Institutes of Health, also found that patients continued to improve up to one year after stroke, defying conventional wisdom that recovery occurs early and tops out at six months. In fact, even patients who started rehabilitation ...
Quinn Direct Comments on The European Court of Justice Gender Ruling on Car Insurance
2011-05-26
The European Court of Justice has recently issued a judgment relating to gender 'discrimination' in insurance. This ruling will see significant changes for companies in EU Member States selling car insurance, Ireland included.
To understand what this might mean for you, it's necessary to look at the background, says car insurance specialist Quinn Direct.
For many years, car insurance providers have set their car policy prices based upon the perceived risk associated with a given individual. This has been widely accepted as the fairest way of setting motor vehicle ...
Electron is surprisingly round, say Imperial scientists following 10 year study
2011-05-26
Scientists at Imperial College London have made the most accurate measurement yet of the shape of the humble electron, finding that it is almost a perfect sphere, in a study published in the journal Nature today.
The experiment, which spanned more than a decade, suggests that the electron differs from being perfectly round by less than 0.000000000000000000000000001 cm. This means that if the electron was magnified to the size of the solar system, it would still appear spherical to within the width of a human hair.
The physicists from Imperial's Centre for Cold Matter ...
Evolution of swine flu viruses traced in long-term study
2011-05-26
Although swine influenza viruses usually sicken only pigs, potentially one might also spark a pandemic in people, as occurred with the 2009 H1N1 influenza virus. Because few long-term studies have surveyed flu viruses in swine, however, gaps exist in what is known about the evolution of swine influenza viruses and the conditions that enable a swine virus to infect humans and cause disease.
In new research reported in Nature, scientists analyzed the genetic makeup of more than 650 influenza viruses isolated during the systematic surveillance of pigs slaughtered in Hong ...
Cosmic explosion is new candidate for most distant object in the universe
2011-05-26
A gamma-ray burst detected by NASA's Swift satellite in April 2009 has been newly unveiled as a candidate for the most distant object in the universe. At an estimated distance of 13.14 billion light years, the burst lies far beyond any known quasar and could be more distant than any previously known galaxy or gamma-ray burst. Multiple lines of evidence in favor of a record-breaking distance for this burst, known as GRB 090429B for the 29 April 2009 date when it was discovered, are presented in a paper by an international team of astronomers led by former Penn State University ...
Rottenstein Law Group Enlisting the Power of Search Engines and Social Media to Spread the Word About Hip Replacement Recalls
2011-05-26
The Rottenstein Law Group, which represents clients with claims stemming from the failures of defective hip replacement devices manufactured and sold by DePuy Orthopaedics, a division of Johnson & Johnson, believes the most effective way to raise awareness about the company's faulty products and the impact they've had on unsuspecting recipients, is to turn to the Internet to keep the public informed.
Since DePuy's ASR XL Acetabular, and ASR Hip Resurfacing systems were recalled by the U.S. Food and Drug Administration (FDA) in August, 2010, and more recent revelations ...
All Screensavers in One Window With The Help of Newfreescreensavers.com
2011-05-26
Now it is possible to control all installed screensavers without switching between windows with the help of new version of NFS Screensavers Manager (http://newfreescreensavers.com/screensavers-manager/), created and updated by NewFreeScreensavers.com, a website with a collection of safe and free screensavers.
NFS Screensavers Manager 2.0, which helps to manage multiple screensavers on a computer, was greatly changed. What is updated?
1. Interface. Now manager has one window, featuring all possible options and a playlist. No need in switching between windows.
2. Playlist. ...
'I can hear a building over there' -- researchers study blind people's ability to echolocate
2011-05-26
Everybody has heard about echolocation in bats and dolphins. These creatures emit bursts of sounds and listen to the echoes that bounce back to detect objects in their environment. What is less well known is that people can echolocate, too. In fact, there are blind people who have learned to make clicks with their mouths and to use the returning echoes from those clicks to sense their surroundings. Some of these people are so adept at echolocation that they can use this skill to go mountain biking, play basketball, or navigate unknown environments.
Researchers at Western's ...
Scientists discover fossil of giant ancient sea predator
2011-05-26
New Haven, Conn.—Paleontologists have discovered that a group of remarkable ancient sea creatures existed for much longer and grew to much larger sizes than previously thought, thanks to extraordinarily well-preserved fossils discovered in Morocco.
The creatures, known as anomalocaridids, were already thought to be the largest animals of the Cambrian period, known for the "Cambrian Explosion" that saw the sudden appearance of all the major animal groups and the establishment of complex ecosystems about 540 to 500 million years ago. Fossils from this period suggested these ...
LAST 30 PRESS RELEASES:
Floating solar panels show promise, but environmental impacts vary by location, study finds
Molecule that could cause COVID clotting key to new treatments
Root canal treatment reduces heart disease and diabetes risk
The gold standard: Researchers end 20-year spin debate on gold surface with definitive, full-map quantum imaging
ECMWF and European Partners win prestigious HPCwire Award for "Best Use Of AI Methods for Augmenting HPC Applications” – for AI innovation in weather and climate
Unearthing the City of Seven Ravines
Ancient sediments reveal Earth’s hidden wildfire past
Child gun injury risk spikes when children leave school for the day
Pennington Biomedical’s Dr. Leanne Redman recruited to lead the Charles Perkins Centre at the University of Sydney
Social media sentiment can predict when people move during crises, improving humanitarian response
Through the wires: Technology developed by FAMU-FSU College of Engineering faculty mitigates flaws in superconducting wires
Climate resilience found in traditional Hawaiian fishponds
Wearable lets users control machines and robots while on the move
Pioneering clean hydrogen breakthrough: Dr. Muhammad Aziz to unveil multi-scale advances in chemical looping technology
Using robotic testing to spot overlooked sensory deficits in stroke survivors
Breakthrough material advances uranium extraction from seawater, paving the way for sustainable nuclear energy
Emerging pollutants threaten efficiency of wastewater treatment: New review highlights urgent research needs
ACP encourages all adults to receive the 2025-2026 influenza vaccine
Scientists document rise in temperature-related deaths in the US
A unified model of memory and perception: how Hebbian learning explains our recall of past events
Chemical evidence of ancient life detected in 3.3 billion-year-old rocks: Carnegie Science / PNAS
Medieval communities boosted biodiversity around Lake Constance
Groundbreaking research identifies lethal dose of plastics for seabirds, sea turtles and marine mammals: “It’s much smaller than you might think”
Lethal aggression, territory, and fitness in wild chimpanzees
The woman and the goose: a 12,000-year-old glimpse into prehistoric belief
Ancient chemical clues reveal Earth’s earliest life 3.3 billion years ago
From warriors to healers: a muscle stem cell signal redirects macrophages toward tadpole tail regeneration
How AI can rig polls
Investing in nurses reduces physician burnout, international study finds
Small changes in turnout could substantially alter election results in the future, study warns
[Press-News.org] Quinn Direct: New Gender Equality Rule Will Affect Your Car InsuranceYoung male motorists could start to enjoy cheap car insurance with their premiums being significantly reduced following a court ruling over insurance prices based on gender.