Earlier quoted context omitted.
I don't mean to rag on you in particular. The answers I get around privacy problems are always conjecture. "Perhaps" the insurance company will do x, "Maybe" they will do y. It's always some scary threat that could happen in the future. The problem is though that the powers that be (government/corporate) already have more private information than ever before and yet: nothing has happened. At what point do these warni…
Insurance companies DO buy data like this. It is not perhaps. They buy data about you that they do not use to your advantage. They have no interest in lowering your premiums and every interest in raising them. One other example is the 2016 election and cambridge analytica. Not going to make a political case on the politicians, but the political parties (and foreign govs with interest in the outcome) bought data on el…
Which is wholly understandable because to price the risk accurately they need to see the full risk profile.
If insurers couldn't price accurately then insurance as a business couldn't exist.