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Major Japanese insurers admit to leaking customer info to competitors

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Japan's four leading property and casualty insurers admitted on Thursday to having shared contract information of their auto insurance customers with their competitors, following a recent series of scandals exposing industry-wide compliance issues.

The four firms involved are Tokio Marine & Nichido Fire Insurance Co, Sompo Japan Insurance Inc, Mitsui Sumitomo Insurance Co and Aioi Nissay Dowa Insurance Co.

Let me guess there will be no consequences.

Meanwhile individuals are being arrested for online slander and leaking of data.

0 ( +5 / -5 )

Let me guess there will be no consequences.

In japan, at least bow.

-7 ( +2 / -9 )

I hate insurance companies.

1 ( +3 / -2 )

Crazy how anywhere else this would result in huge fees and mass exodus of their business but here just bow and say “well I do think I was THAT wrong”

0 ( +1 / -1 )

Naughty, naughty.

0 ( +0 / -0 )

I hate insurance companies.

My dad worked all his life from age 14 for an insurance company (minus a couple of years of military service). He gave me a fatherly talk when I was a teenager along the lines of, "Son, it's your future and you can do anything you want to. But please don't ever work for an insurance company."

1 ( +1 / -0 )

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