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Facebook halts plan to mine profiles for insurance quotes

November 7, 2016

Facebook has halted a plan by a UK car insurer to use young drivers’ data from the social network to analyze their personalities and offer quotes based on their profile.

The scheme from Admiral, called firstcarquote, was designed for young new drivers who are often quoted very high premiums because they’re seen as more of a risk than an older driver, and who also don’t benefit from having a clean record of not making previous claims.

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