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Insurance Industry Sitting on Treasure Trove of Big Data, As Regulators Wrestle Data Privacy

Insurance Industry Sitting on Treasure Trove of Big Data, As Regulators Wrestle Data Privacy

InsuranceNewsNet | June 14, 2022 Major insurance carriers sit on a treasure trove of big data, with endless possibilities to sharpen actuarial risk projections and target financial products more narrowly to millions of consumers. But there are big risks, too. Regulators are trying to protect privacy and ward off hidden discrimination, all while allowing insurers


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