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Insurance ruling condemned by MPs

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MPs have condemned the European Court of Justice's decision to ban the assessment of car insurance premiums on the basis of a policyholder's gender.

The ruling by the court in Luxembourg could mean higher insurance premiums for women motorists.

Referring to the body as the "European court of injustice", Conservative Philip Hollobone said the ruling was "yet another example of an unaccountable European institution striking a blow against good, old-fashioned common sense".

Joining Mr Hollobone (Kettering) was Commons Leader Sir George Young, who said the Government shared his "disappointment" at the ruling.

During questions on future Commons business, Sir George said: "We have made it absolutely clear that we think it was right to use gender in assessing risk and coming to a decision on premiums.

"We now plan to have a discussion with the FSA (Financial Services Authority) and the ABI (Association of British Insurers) to see how we can minimise the damage done by this decision to British consumers, both men and women."

© Press Association 2011