ChoicePoint data theft widens to 145,000 people

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And if you think information ain't the coin of the realm read this about CP

ChoicePoint Stops Data Mining at IIAA's Behest
By Stewart Eisenhart
February 11, 2002

http://www.insurancejournal.com/magazines/southcentral/2002/02/11/features/19186.htm

"After meeting with representatives of the Independent Insurance Agents of America (IIAA), Alpharetta, Ga.-based ChoicePoint Inc., a credit scoring and consumer-lead generation service provider, agreed to stop selling data related to certain independent agency and broker insurance transactions"



ChoicePoint had generated lists of dates from data submitted by agents indicating when consumers' policies would expire the time when they would likely be shopping for new coverage. The lists were then sold to other agents and companies.

Bill Aspinwall, personal lines chairman at IBA West Inc., expressed disappointment with ChoicePoint's actions. "It's simply outrageous that they would do this kind of thing?that they would take our information, which is private, and turn around and then sell it to our competitors," he said. Aspinwall asserted that it was imperative that ChoicePoint state that it was no longer data mining and guarantee that it would not do that type of thing in the future.

Squawks note:
No honor amongst thieves ehhhh?

Posted by: Squawkbox   Posted on: 02/18/05 You are currently: a Guest | Members login | Terms of Use

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