By on September 7, 2017

hurricane

Florida-area car dealerships are annoyed that insurance companies pulled the plug on policies earlier this week, fearing further hurricane-related payouts as Hurricane Irma approaches the coast. Insurers, including Progressive and Allstate, are reacting to losses incurred in Texas during Hurricane Harvey’s assault last month.

While this is standard practice for some companies, it isn’t a universal trend. State Farm, for example, said it would continue offering coverage until after a national hurricane advisory had been issued.  (Read More…)

By on February 23, 2017

Jiffy Lube in Durham, Image: By Ildar Sagdejev (Specious) (Own work) [GFDL or CC BY-SA 4.0-3.0-2.5-2.0-1.0], via Wikimedia Commons

Last year, I told you that your quick-lube place was probably snitching on you to your insurance company — and to Carfax. Did you make any changes in the way you have your car serviced because of that? I’m thinking that you did not, because you probably have nothing to hide. A surprising number of the commenters on that article were on the side of the insurance companies and Carfax, and their rationale was generally some variant on “I’m not going to commit insurance fraud, nor will I commit odometer fraud, so why should I care if my car’s mileage is in a database somewhere?”

Earlier this week, Scott Adams learned the hard way what you, the TTAC reader, already know about the relationship between small auto business and Big Data. For him, however, the lesson might come at a major cost. Because this time, the data was wrong.

(Read More…)

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