In Democrat state Sen. Jay Luneau’s world, ideology is more important than people, to which his sponsorship of SB 81 attests. Why a pair of Republicans would sign onto that is anybody’s guess.
The bill would add the word “gender” to prohibited classification in the setting of vehicle insurance rates in Louisiana, as is the case in only seven others. It’s all that’s left from a string of demagogic bills Luneau kept proposing in past sessions that have tried to circumscribe rate-setting tools for insurers that, in every case, legitimately price risk, which deservedly bit the dust.
As is typical, the argument for this particular attenuation was intellectual mishmash. Luneau presented a single study as proof alleged discrimination occurred against women merely for gender, but then he and Senate Insurance Committee supporters also argued that nobody really knew what goes into pricing – a sentiment also shared by other on the committee against it. In regards to the fact brought out in testimony that most studies showed men nationally paid more and so this change likely would cause the same in Louisiana, Luneau replied that the (tepid) tort reform measures passed (over his objections) three years ago actually saw increases in rates in years following, implying this wouldn’t happen.