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posted by martyb on Thursday May 17 2018, @03:05AM   Printer-friendly
from the lawyers-are-expensive-crowds-are-cheap dept.

The Lemonade Insurance Agency of New York has announced an 'open source' insurance policy that anyone can edit, according to Insurance Business America Magazine.

That this particular magazine's subject matter rarely intersects with anything 'open source' is made clear with gems like these:

Because the policy is open source, it’s not copyrighted

[Zomg, ] Lemonade’s competitors have access to it.

Despite the varying quality of the press coverage, the Lemonade Agency is forging what is probably new ground in the insurance business with what they are calling Policy 2.0.

From the Insurancebusinessmag article:

"As avid open source evangelists, we believe that bringing consumers and professionals together in an effort to co-create an insurance policy, will result in a better and fairer insurance product for the 21st century."

The policy is published on the Policy 2.0 Github under the GNU Free Documentation License, Version 1.3 or later.

Also at TechCrunch and Business Wire.


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  • (Score: 0) by Anonymous Coward on Thursday May 17 2018, @04:12AM (1 child)

    by Anonymous Coward on Thursday May 17 2018, @04:12AM (#680620)

    In other words they accidentally fired their lawyers and need someone to write them a new policy. Seriously, how hard is it for them to brainstorm a fair contract? Are they that far out of touch with the average person? Let me go ahead and in "Clause 52: Insurance company agrees to pay the insured $5,000 for each month the insured has not filed any claims."

    • (Score: 0) by Anonymous Coward on Thursday May 17 2018, @11:05AM

      by Anonymous Coward on Thursday May 17 2018, @11:05AM (#680679)

      Lol, look at you there "brainstorming" with your colleagues, when you could just upload something to GitHub and let other people do it for free while you go out and fuck some hookers shitpost on the internet.

  • (Score: 0) by Anonymous Coward on Thursday May 17 2018, @04:58AM (1 child)

    by Anonymous Coward on Thursday May 17 2018, @04:58AM (#680629)

    It bugs me when folks mindlessly use the term "Open Source" in ways that don't include the source code of software.
    We should take every opportunity to mock those who do this.

    "Write your own policy" would have been accurate.

    ...and, of course, in those cases, you don't get to choose the corresponding rate; the company does.

    -- OriginalOwner_ [soylentnews.org]

    • (Score: 2) by JoeMerchant on Thursday May 17 2018, @12:44PM

      by JoeMerchant (3937) on Thursday May 17 2018, @12:44PM (#680695)

      Policies and contracts (when written well) are a form of source code - prescriptive processing instructions, at their core a bunch of if-then statements, referencing legal libraries and even execution units (for capital crimes.) Lawyers were the first programmers, most wouldn't be able to handle the inflexibility of machine based execution, but the best written laws and contracts do.

      --
      Україна досі не є частиною Росії Слава Україні🌻 https://www.pravda.com.ua/eng/news/2023/06/24/7408365/
  • (Score: 3, Informative) by richtopia on Thursday May 17 2018, @05:46AM (1 child)

    by richtopia (3160) on Thursday May 17 2018, @05:46AM (#680641) Homepage Journal

    Function(NewClaimFile):
        ClaimStatus = "Denied"
        Rate = Rate * 1.2

    Isn't transparency beautiful? Now you know you are getting screwed!

    • (Score: 2) by JoeMerchant on Thursday May 17 2018, @12:48PM

      by JoeMerchant (3937) on Thursday May 17 2018, @12:48PM (#680696)

      You forgot day-to-day operations:

      main()
          while ( customer is paying )
              Rate = Rate * 1.1
              Benefits = Benefits * 0.9

      Function(NewClaimFile):
              ClaimStatus = "Denied"
              Rate = Rate * 1.2

      --
      Україна досі не є частиною Росії Слава Україні🌻 https://www.pravda.com.ua/eng/news/2023/06/24/7408365/
  • (Score: 0) by Anonymous Coward on Thursday May 17 2018, @07:26PM (1 child)

    by Anonymous Coward on Thursday May 17 2018, @07:26PM (#680849)

    Wake me up when it's voluntary, you goddamn thieves.

    • (Score: 0) by Anonymous Coward on Friday May 18 2018, @01:16AM

      by Anonymous Coward on Friday May 18 2018, @01:16AM (#680959)

      What health care insurance voluntary?

      My guess is you've been paying zero attention to basic reality and are an ideological moron. Someone that might make such a stupid assumption that humanity as a whole would be better off if everyone would enter into voluntary contracts.... a nice assumption, an idealistic one, but oh man how stupid.

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