News for hackers. Stuff that matters.
Re:How Allstate’s auto insurance algorithm squeezes big spen... by JKCalhoun on Tuesday February 25, 2020 @03:11PM (#22416922)
They call it the "loyalty tax".

Sad world we live in, right?

Re:How Allstate’s auto insurance algorithm squeezes big spen... by dawnerd on Tuesday February 25, 2020 @05:12PM (#22418041)
Probably why AAA likes to make a point of how long you've been a member. People don't want to lose that 'status'
Re:How Allstate’s auto insurance algorithm squeezes big spen... by JMTQp8lwXL on Tuesday February 25, 2020 @03:42PM (#22417211)
I'd imagine each of these companies has a bean counter for growing their subscriber base. When all insurers raise their prices a little on every policy renewal, people will rotate insurers and who's ever in charge of growth looks good due to new sign-ups, it justifies marketing spend, etc.