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  • Why Letting Your Insurance Company Monitor How You Drive Can Be a Good Thing
    By on November 15, 2013 | 1 Comment1 Comment  Comments

    Hugh Pickens DOT Com writes “Kim Gittleson reports at BBC that car insurance firms like Progressive are trying to convince consumers that letting them monitor their driving behavior is actually a good thing. They say that the future of car insurance is not just being able to monitor individual drivers to give them lower prices, but also to make them better drivers. ‘Now that we can observe directly how people drive, we think this will change the way (more…)

  • Why The World’s Poor Refuse Insurance
    By on September 13, 2009 | Comments Off  Comments

    In developing countries, micro-loans are welcomed to help in building or supporting businesses. But the world’s poor won’t touch insurance. Why? For a variety of reasons — some understandable, some less so…at least based on economic reality and risk.