Roanoke Times
Copyright (c) 1995, Landmark Communications, Inc.
DATE: WEDNESDAY, November 24, 1993 TAG: 9312290245
SECTION: BUSINESS PAGE: B8 EDITION: METRO
SOURCE:
DATELINE: LENGTH: Medium
WASHINGTON - The NAACP is accusing the GEICO insurance company of giving favorable treatment to homeowners in Washington's more affluent neighborhoods and of discriminating against its employees.
The suburban Montgomery County chapter of the National Association for the Advancement of Colored People charges the insurance company with violating federal insurance laws.
Four GEICO sales associates and one former employee say the firm gives preferential treatment to some Washington neighborhoods and unfairly targets employees who complain of company bias.
Edward Utley, vice chairman of GEICO's board, denied any discriminatory practices. ``Anybody can complain about anything, but our record of equal opportunity and treatment of minority associates is excellent,'' he said.
Associated Press
\ Higher costs OK'd for worker comp
The Virginia State Corporation Commission on Tuesday approved an average increase of 2.6 percent in overall loss costs for the voluntary workers' compensation insurance market.
The SCC's finding serves as the basis for independent rate filings by the various insurance companies writing workers' compensation insurance in the state.
Workers' compensation insurance provides medical care and wage replacement benefits to injured workers. Almost all employers are required to carry the coverage. Loss costs are the portion of the insurance rate needed to pay and settle claims.
The National Council on Compensation Insurance filed an application with the SCC on Aug. 12, seeking approval of a 17.5 percent increase in overall loss costs in the voluntary market. Following an October hearing, the SCC has concluded that a 2.6 percent increase is appropriate.
-Associated Press
by CNB