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One of Two Major Data Brokers Shuts Down Product Related To Driver Behavior Pattern
Verisk recently disclosed that it has stopped accepting data from car makers and no longer sells it to insurers.
“By partnering directly with automotive OEMs, LexisNexis is able to turn connected car data into tangible driving behavior insights that can be leveraged within insurance carriers' existing workflows,” the page says. General Motors shared a statement saying that based on customer feedback, the company “terminated partnerships with LexisNexis and Verisk in March, and announced we're discontinuing the Smart Driver product.” Pressure on the auto industry at large is ratcheting up with California enforcement authorities joining Texas in investigating automakers’ driver data sharing practices.
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