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Yes, selling massive databases about other people is what their business is.
by drc500free 6y ago
Yes, selling massive databases about other people is what their business is.
- nickthegreek 6y agoYep. Insurance companies use LexisNexis and Verisk ISO for claim handling.
- Quot 6y agoI think the main concern is whether taxpayer dollars should go towards spying on those same taxpayers or not. I would guess that most people wouldn't want their data floating around, let alone being bought with the money they contributed.
- drc500free 6y agoI think the taxpayer piece could be a useful tool to raise awareness about the business model. But this isn’t a novel contract. LN sells to a lot of govt agencies, and that business is tiny compared to what they sell to private industry.