Thursday, June 13, 2024

GET ME REWRITE: Auto insurance industry parties like it's 1984

 

Headline:  New York Times, 6/9/2024
For the last two decades, auto insurers have been trying to get people to enroll in programs, commonly called usage-based insurance plans, that monitor their day-to-day driving so rates better reflect the actual risk. But privacy-minded consumers have been reluctant to sign up. 
So the industry has taken a different tack, getting data about how people drive from automakers or from apps that drivers already have on their phones. Experts say most people have no idea the insurance industry can track them this way.
 

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