To most insurance companies, knowing the identities of their customers has always been motivated by commission-that is, the more insurers know about them increases the rate at which they can market additional services.Following the passage of the USA PATRIOT Act in late 2001, carriers are gleaning details about their customer base motivated by omission-that is, how to eliminate unsavory customers whose sole objective is setting up insurance accounts to break the law.
That's exactly the spirit that the USA PATRIOT Act conveys. Adopted in October 2001, the law carves out a plan to disrupt the financial networks that support terrorist groups.
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