What personal data should insurers be allowed to use to price premiums? This question has been raised in New York, as a regulator is said to be considering prohibiting auto-insurers from using consumers occupations to price their policies. The New York Department of Financial Services has asked a group of insurers - including Allstate, Geico, Liberty Mutual and Progressive - to explain why the practice should not be prohibited, the Wall Street Journal reports.
New York Regulator May Ban Insurers From Using Occupational Data
External References & Further Reading
http://www.ibamag.com/us/news/breaking-news/new-york-regulator-may-ban-insurers-from-using-occupational-data-40698.aspx



