Hollifield: When smart appliances go bad - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
July 24, 2022 Newswires
Share
Share
Post
Email

Hollifield: When smart appliances go bad

Bristol Herald Courier (VA)

I think my toaster is watching me.

Is it paranoia? Perhaps, but I am not alone in believing my privacy is being invaded by household gadgets allegedly designed to improve our lives.

A new report from something called Mortgage Cadence shows that while a large majority of those surveyed said smart tech items make their lives easier, 73% still fear those same devices are spying on them.

That comes from a press release I received on computer that I am absolutely certain is spying on me. I am sure this Mortgage Cadence is a real and reputable company, but it sounds like the name of a femme fatale from a '80s prime time soap opera.

"J.R. Ewing, I would like you to meet Ms. Mortgage Cadence, proprietor of this establishment and heiress to the Cadence fortune. She has certainly been eager to speak with you."

"Mr. Ewing, honored to make your acquaintance. Please talk directly into the lamp while discussing your latest business endeavors."

According to the release, top concerns were privacy, spying, security, and targeted marketing.

Sixty-two percent on those surveyed are worried about their security camera getting hacked and 23% are worried about smart locks getting compromised.

One in five said they own more than seven different smart devices for their home.

The main reasons people say they invest in smart technology for their homes are safety/security and the ability to control the devices while away. Americans spend $1,172 on average on home smart devices but say they'd be willing to spend $2,475, according to Mortgage Cadence, who came walking down the stairs in a slinky dress.

As the interim senior correspondent for privacy and technology issues for this award-winning publication (I promoted myself last week), I decided to take this opportunity to answer a few frequently asked questions about the results of this survey and the issues surrounding privacy in the age of smart technology.

Q. Hi, Scott. It's your toaster talking to you! We here at Acme Enhanced Appliances, a subsidiary of the Nakatomi Corporation in conjunction with Zuckerberg Inc., installed a handy-dandy surveillance chip in your ToastBlaster 3000 to better enhance your consumer experience and certainly not to record any of your spending habits or videos of you walking around the kitchen in your underwear that we could release publicly if you don't buy any additional Acme Enhanced Appliances in the next 18 months. How do you like your ToastBlaster 3000?

A. Uh, actually I am a bit disappointed with the quality of the toast it produces. I've adjusted the options, but it continues to put out a product that is not brown enough for my toast taste.

Q. Perhaps you should not put so much butter on your toast. We have observed an inordinate amount used in preparation of your toasted bread products and our built-in cholesterol detection touch lever shows you are at a high risk for heart disease. That has been reported to your health insurance provider which should adjust your premiums accordingly. Would you like for me to search for a gym membership in your area?

A. This is an outrage! How dare you invade my privacy through your technological gibber-jabber. Why, I have a mind to contact your company and complain about an unwanted intrusion into my life.

Q. Would you like me to instruct your smartphone to call the Acme Enhanced Appliance Consumer Helpline?

A. Yes.

Q. Hello. This is the Acme Enhanced Appliance Consumer Helpline. My name is Mortgage Cadence. How may I assist you today?

(Scott Hollifield is editor of The McDowell News in Marion, North Carolina and a humor columnist. Contact him at [email protected].)

Older

Floridians struggle to keep property insurance policies

Newer

Commercial Medical Insurance Market May See a Big Move : Major Giants Cigna, PingAn, Aetna: Commercial Medical Insurance Market 2022

Advisor News

  • Financial shocks, caregiving gaps and inflation pressures persist
  • Americans unprepared for increased longevity
  • More investors will seek comprehensive financial planning
  • Midlife planning for women: why it matters and how advisors should adapt
  • Tax anxiety is real, although few have a plan to address it
More Advisor News

Annuity News

  • LIMRA: Annuity sales notch 10th consecutive $100B+ quarter
  • AIG to sell remaining shares in Corebridge Financial
  • Corebridge Financial, Equitable Holdings post Q1 earnings as merger looms
  • AM Best Assigns Credit Ratings to Calix Re Limited
  • Transamerica introduces new RILA with optional income features
More Annuity News

Health/Employee Benefits News

  • LEADING HEALTH ORGANIZATIONS URGE NC LAWMAKERS TO RECONSIDER IMPLEMENTATION OF MEDICAID CUTS
  • PCA PAPER WORKERS IN MINNESOTA RATIFY STRONG AGREEMENT WITH MAJOR WAGE GAINS, PROTECTED HEALTH INSURANCE
  • Humana is cutting Medicare benefits for hundreds of thousands in GA. Here's who will be affected
  • CMS Releases Proposed Rule To Improve Prior Authorization Processes
  • Her passion is nurse safety: 'It's saving healthcare workers' lives'
More Health/Employee Benefits News

Life Insurance News

  • AM Best Assigns Credit Ratings to Tokio Marine Newa Insurance Co., Ltd.
  • Earnings roundup: Prudential works to save ‘unique’ Japanese market
  • How life insurance became a living-benefits strategy
  • Financial Focus : Keep your beneficiary choices up to date
  • Equitable-Corebridge merger casts shadow over life insurance earnings
More Life Insurance News

- Presented By -

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Why Blend in When You Can Make a Splash?
Pacific Life’s registered index-linked annuity offers what many love about RILAs—plus more!

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Bring a Real FIA Case. Leave Ready to Close.
A practical working session for agents who want a clearer, repeatable sales process.

Discipline Over Headline Rates
Discover a disciplined strategy built for consistency, transparency, and long-term value.

Inside the Evolution of Index-Linked Investing
Hear from top issuers and allocators driving growth in index-linked solutions.

Press Releases

  • Sequent Planning Recognized on USA TODAY’s Best Financial Advisory Firms 2026 List
  • Highland Capital Brokerage Acquires Premier Financial, Inc.
  • ePIC Services Company Joins wealth.com on Featured Panel at PEAK Brokerage Services’ SPARK! Event, Signaling a Shift in How Advisors Deliver Estate and Legacy Planning
  • Hexure Offers Real-Time Case Status Visibility and Enhanced Post-Issue Servicing in FireLight Through Expanded DTCC Partnership
  • RFP #T01325
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet