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This Is A Royal Disaster - WAN Show March 15, 2024

The WAN Show

Data Tracking and Insurance Implications in the Auto Industry

14min Snip

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The chapter delves into how car manufacturers use gamification in connected car apps to track and rate users' driving behavior, leading to data being sold for premium determination. It explores the exploitative practices of insurance companies using AI models to set premiums and evade regulation, raising concerns about data mishandling and discrimination. The conversation also touches on the financial struggles of the auto insurance industry and the potential impact of tightening regulations on ensuring vehicle coverage.

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