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Re:Allstate used GasBuddy and other apps to track driving be... by StackRanker3000 on Tuesday January 14, 2025 @12:55PM (#42701011)
How does that work in practice? Do insurers have to share their models with the regulator?
Re:Allstate used GasBuddy and other apps to track driving be... by bkberry352 on Tuesday January 14, 2025 @01:06PM (#42701214)
Yes, models have to be shared with regulators and the regulators have to be convinced that the premiums insurers wish to charge are actuarially justified (supported by the data).