We should question these companies who have been dragged kicking into the era of transparency. We should examine the actuarial valuations because actuaries are more fallible than any of us. Anybody who looks at what has happened to actuaries' predictions and assumptions will know that a babe in arms would do better. These people, however, have a sort of pseudo-sophistication which dazzles and confuses us, so we accept what they say. The insurance industry is based on an emperor without too many clothes, and young drivers are suffering as a result.