New York Insurers Can Use Algorithms to Set Rates

Feb 01, 2019, 08:00 AM

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New York State will allow life insurers to use algorithms to comb through data to determine a customer's risk. Wall Street Journal reporter Leslie Scism says it could have an impact beyond the state's borders.

New York State will allow life insurers to use algorithms to comb through data to determine a customer's risk. Wall Street Journal reporter Leslie Scism says it could have an impact beyond the state's borders.

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