How researchers analyzed Allstate s car insurance algorithm
Get the Full StoryState regulators and consumer advocacy groups have scrutinized Allstate Corporation s use of big data and personalized pricing in the way it calculates how much the company charges its private auto insurance customers. We tested whether Allstate s personalized pricing algorithm treated customers differently based on non-risk factors by analyzing rare customer-level data we found in documents that were part of a 2013 rate filing submitted for approval and subsequently disapproved by Maryland regulators. This filing provides the most insight into Allstate s retention model available to the public, with a level of detail that is typically shielded from public view by Allstate This story continues at The Next WebShare: