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?
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?