The point of insurance is to exploit the gap between perceived and actual risk, and to profit from it - it's not to provide a safety net, or anything of the sor

The point of insurance is to exploit the gap between perceived and actual risk, and to profit from it - it's not to provide a safety net, or anything of the sort - it's to make money. By having greater knowledge about your prospective customer, you can better anticipate the probability and magnitude of any potential claim, and thereby adjust premiums accordingly, or simply refuse insurance as the prospect is likely to be either unprofitable or an active drain to the insurer. So - this is absolutely aligned with the interests of the insurance industry - not of the consumer, no, but insurance never was aligned with their interests - were it, it would not exist.