[TowerTalk] insurance and towers

[atoothaker at copper.net]

>I asked for and received the history information that is shared by
insurance companys just to see what was being considered during their
writing my auto policy.  They gladly sent it to me.  But, it was very
hard to decode despite being given the key.
I expected no more than this from an insurance company.
Al
>
>
>---- Original Message ----
>From: jimlux at earthlink.net
>To: towertalk at contesting.com
>Subject: Re: [TowerTalk] insurance and towers
>Date: Wed, 29 Dec 2004 07:41:00 -0800
>
>>
>>> In your case, the record should be adjusted to reflect ONE claim.
>>> Inquiries in which no claim was filed should not be entered into
>>> the CLUE database and multiple claims as a result of a single
>>> event (Lili) should be entered as a single event (even if the
>>> insurance company processes the claims separately).
>>>
>>> Much like the Credit Rating Agencies, CLUE is required to repair
>>> incorrect data and/or include customer responses (on request) in
>>> the event of "unfavorable" records.
>>>
>>>
>>I don't think there is an equivalent to the federal Fair Credit
>Reporting
>>Act  (which is what requires credit reporting entities to correct
>erroneous
>>records) for other similar databases (CLUE, MIB, ChexSystems, etc.).
>Some
>>states may have laws for this, though. By and large, in the U.S., 
>anyone
>>can collect any sort of data they want and sell it or use it however
>they
>>want.  The collector of the data is the owner and is responsible for
>the
>>data's use. The EU is very different, by the way, essentially saying
>that
>>personal data is the property of the person, and that the person has
>to
>>explicitly give permission for further use, etc.  This causes big
>problems
>>for multinational corporations with data processing facilities in
>the US who
>>want to process "personally identifiable data" from EU
>partners/subsidiaries
>>(think bank and credit card accounts).  Read those annual privacy
>>disclosures very carefully!
>>
>>
>>  In fact, the FCRA was put in place to shield credit agencies from
>libel
>>and slander lawsuits along the lines of: If you promise to correct
>errors,
>>etc., then we'll prevent people from suing you for for distributing
>>incorrect derogatory information.  In theory, one can sue an
>organization
>>which runs a "CLUE" type database if they distribute incorrect
>information,
>>but you'd have to prove that it caused damage to you (very, very
>tough) and,
>>odds are, at some point, you signed or agreed to some form of
>contract that
>>waived that right to sue (probably when you bought your insurance).
>>
>>It's not so much the data, as the use to which the data is put.  If
>the
>>database shows you had two instances of damage and two inquiries
>(albeit all
>>related to the same "root cause") and you actually had two instances
>and two
>>inquiries, then the database is correct.  It's the insurance
>company's
>>subsequent interpretation of the data that's the problem, and that's
>mostly
>>a matter for the state's insurance regulator as far as rates and
>>eligibilities go.
>>
>>Jim, W6RMK
>>
>>_______________________________________________
>>
>>See: http://www.mscomputer.com  for "Self Supporting Towers",
>"Wireless Weather Stations", and lot's more.  Call Toll Free,
>1-800-333-9041 with any questions and ask for Sherman, W2FLA.
>>
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