Tag Archives: actuarially sound

Allstate Says Its Zodiac Accident Rate Release is Hooey

The Allstate Corporation set off a furor last week when it issued a press release that compared Zodiac sign accident rates.

In it the auto insurance giant said that during the past year, Virgos were “nearly 700% more likely to be in a car accident when compared to the determined and aware Scorpio accident rates, the best drivers in the study.” Scorpios were only involved in 1.5% of all accidents in 2010. Continue reading

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