@Cleverestcookie @katemasters67 @JuliaHCox God no! They're in business on a risk/reward basis. Getting this data merely allows them to avoid
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Replying to @C7RKY
@Cleverestcookie@katemasters67@JuliaHCox >the risks that will result in claims. More profit for them, less payouts for us. By design.2 replies 0 retweets 0 likes -
Replying to @C7RKY
@C7RKY@katemasters67@JuliaHCox And as businesses, no point in having products nobody wants so still need to be attractive to customers1 reply 0 retweets 0 likes -
Replying to @Cleverestcookie
@Cleverestcookie@katemasters67@JuliaHCox But that's for them to judge, based on claims. Just a 2 player game. Insurance vs public. We lose1 reply 0 retweets 0 likes -
Replying to @C7RKY
@C7RKY@katemasters67@JuliaHCox the industry is regulated. I'd rather have my premium based on an accurate risk assessment.1 reply 0 retweets 0 likes -
Replying to @Cleverestcookie
@Cleverestcookie@katemasters67@JuliaHCox I worked in that industry for 25yrs, at a senior level. I promise you, you're worse off for this.1 reply 0 retweets 0 likes -
Replying to @C7RKY
@C7RKY@katemasters67@JuliaHCox won't bother with insurance then if no advantage.1 reply 0 retweets 0 likes -
Replying to @Cleverestcookie
@Cleverestcookie@katemasters67@JuliaHCox I didn't say there was no advantage. I'm a believer in the concept. But only if the game is fair.2 replies 0 retweets 0 likes -
Replying to @C7RKY
@C7RKY@katemasters67@JuliaHCox but that's where the regulation should act. Effective regulation is paramount in all areas of life so >>>1 reply 0 retweets 0 likes -
Replying to @Cleverestcookie
@Cleverestcookie@katemasters67@JuliaHCox This is financial services regulation we're talking about here Cathy. Banking crisis?2 replies 0 retweets 0 likes
@Cleverestcookie @katemasters67 @JuliaHCox You're talking to the only morally upright person I know of, in 25yrs of working in the industry.
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