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I recall reading somewhere that the leading data point predicting car accidents was the driver's credit report, but this was decided to be private information i
by thrush 12y ago
I recall reading somewhere that the leading data point predicting car accidents was the driver's credit report, but this was decided to be private information in that case so car insurance companies were forbidden from using it. Where do you draw the line for this sort of information? It seems that PII (or Personally Qualifying Information in this case) is quite easy to find if there is someone trying hard enough to find it.
- scott00 12y agoIn the US it's common to use credit report information to price insurance, definitely not forbidden in any way. I'm not sure about the rest of the world. See (1) https://www.statefarm.com/about-us/company-overview/company-profile/insurance-industry-issues/use-of-credit-in-insurance-scoring https://www.statefarm.com/about-us/company-overview/company-... (2) http://www.allstate.com/about/credit.aspx http://www.allstate.com/about/credit.aspx
- jojopotato 12y agoCredit score isn't allowed in pricing of insurance for a lot of states, including California. It depends state to state though.
- digikata 12y agoI think I'm more worried about erroneous correlations from collected personal data than the leak of the data in the first place.
- digikata 12y agoA better way to say that would be: erroneous causation assigned from from mass correlation of personal data. The automation to rapidly sift data and identify correlations is coming along nicely, but I fear that the capability outstrips the ability or desire to assess the correlations and figure out if they actually point to any sort of causality.