Information Sharing
I recently called an insurance company to get a quote for car insurance. I was a little taken aback by how much the insurance company already knew about me. After telling them my SSN, they know that I was married and knew my wife. They also knew exactly what types of cars we owned and for how long.
Apparently all of the major insurance companies all now share this information via a company called ChoicePoint.
I wonder how long it will be before health and life insurers will try to get access to credit card records to see how much fast food we are eating in order to fine tune their risk profiles...
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