Insurance

Driving up insurance costs: How carmakers share driving behavior data with insurance companies

Theresa Payton, Fortalice Solutions CEO and former White House Chief Information Officer, joins ‘Squawk Box’ to discuss news of insurance companies buying data from third party brokers using connected features in cars to track a driver’s driving habits, how insurers use that data to set insurance premiums, what it means for data privacy concerns, and more.

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