Information Brokers

World Privacy Forum files comments with FTC regarding credit -based insurance scoring

Financial privacy — The World Privacy Forum filed comments with the Federal Trade Commission today about its proposed study of credit -based pricing practices for homeowners insurance. The World Privacy Forum requested that the FTC ask insurers if there are specific procedures in place for detecting, mitigating, and responding to consumers who have been victims of identity theft. The WPF noted its support for the FTC’s use of the FTC Act Section 6(b) authority to acquire robust information from the insurance companies.