Status of the Price Optimization Debate: What is NAIC Doing, What Have the States Said Recently, and Does Price Optimization Violate States’ Anti-Discriminatory and Unfair Trade Practices Standards?

July 26, 2016 9:15am

What is it about?

  • Use of predictive models to determine how much price flexibility a customer has — an unfair treatment?
  • What have the states said recently?
  • What is NAIC doing to address this issue?
  • Does the price optimization practice violate states’ anti-discriminatory and unfair trade practices standards?