Social Networking A Life Underwriting Tool? Report Stirs Debate

Insurers will increasingly use public shared data to inform pricing decisions and aid in fraud detection, predict researchers from Celent. What's more, says Mike Fitzgerald, a senior analyst in the Chicago office of Celent, insurers could use information gleaned from social networking websites, including Facebook, when deciding whether and how to underwrite applicants for life insurance.

http://www.lifeandhealthinsurancenews.com/News/2010/4/Pages/Social-Netwo...