Latest Automation Optimization Headlines
All the headlines from our Automation Optimization Topic Page, ordered by recency.
PCI Viewpoint: Role of Government in Automated Driving Revolution
Dec 6 2016 // The following is the viewpoint of the Property Casualty Insurers Association of America (PCI) submitted to a subcommittee of the Senate Appropriations Committee at a Nov. 16 hearing on “The Automated &...
ACORD CEO Pieroni on the Industry’s Digital Transformation
Dec 5 2016 // Bill Pieroni, CEO of ACORD, is on a mission — not to “push” the industry toward digital transformation but rather to marshal its inherent strengths and enable carriers, agents and brokers to implement...
Who Pays When Driverless Cars Crash? UK Insurers Call for Int’l Standards
Nov 22 2016 // Cars of the future will need to collect a basic set of core data to prevent drivers being unfairly blamed if technology goes wrong, according to the Association of British Insurers (ABI). The ABI supports the formation of...
Safety Advocates Frustrated that Accident-Prevention Technologies Remain Optional
Nov 15 2016 // Computerized sensors that warn drivers they’re about to rear-end another vehicle or prevent other types of accidents are available on models made by every major auto manufacturer. The problem, according to a U.S....
Obama Onboard with Road Testing of Autonomous Vehicles
Sep 27 2016 // Automated cars have the backing of President Barack Obama, who’s signed off on what’s largely been a hands-off approach to regulating the burgeoning industry, U.S. Transportation Secretary Anthony Foxx...
Tech Talk: Digital Transformation 2.0
Sep 19 2016 // The just released Insurance Digital Transformation Study (available at www.insurancedigitalrevolution.org) sheds light on why agents struggle with adapting to digital technology. As we have discussed extensively, agents...
How Monsanto’s Climate Unit Is Changing Risk Profile of Farmers
Aug 25 2016 // It caught my eye when Monsanto Co. subsidiary Climate Corp. announced last week it was creating the “Industry’s First In-Field Sensor Network” and “the first Centralized Platform” digital...
Safety Board Finds Automated Tesla Involved in Crash Was Speeding
Jul 27 2016 // Federal investigators probing the deadly wreck in Florida of a Tesla car that was using automated driving technology have found that the vehicle was speeding when it hit a truck. The U.S. National Transportation Safety...
Autopilot Warning May Not Help Tesla in Crash Defense
Jul 18 2016 // Telling Tesla drivers its Autopilot feature doesn’t mean their cars can drive themselves may not be enough to keep Elon Musk off the hot seat if the technology comes up short. This month, two Teslas equipped with...
Probe of Tesla Crash to Address Broader Safety Issues of Automation in Cars
Jul 11 2016 // For years, U.S. investigators have been calling for more automation on motor vehicles, such as sensors that slam on the brakes to prevent a crash. At the same time, the National Transportation Safety Board, in its probes...
Virginia Reminds Insurers: Rates Must Be Cost-Based
May 23 2016 // Virginia Insurance Commissioner Jacqueline Cunningham has issued an administrative letter reminding insurers to review the rate standards outlined in Virginia Code §38.2-1904 to ensure compliance. Cunningham also noted...
Some Insurers Have More to Gain from Underwriting Technology Than Others
May 6 2016 // Personal Lines Insurers Personal lines insurers are most likely to benefit from wide uses of automation in underwriting, a new report has found. “They are more likely to have a homogenous book of business and a...
Young Consumers More Trusting of Autonomous Vehicles: J.D. Power
Apr 29 2016 // Trust in automation technology including driverless cars is very much age dependent, as younger consumers have a notably higher level of confidence in the technology than their older counterparts, according to the J.D....
Global Insurance Fintech Investment Grew by 237% in 2015: Accenture Research
Apr 27 2016 // While insurance historically has been a laggard in the fintech race, it is increasingly a high-growth investment area in the fintech field, according to research from Accenture. Accenture’s fintech research reveals...
House Committee OKs Use of Automated License Plate Readers
Apr 18 2016 // Legislation approved this week in a House committee would authorize the use of automated license plate readers to flag uninsured motorists at a time when Oklahoma leads the nation in uninsured motorists on the road. One in...
RIMS 2016: Wearable Tech, Automated Vehicles Dominate Insurance Horizon
Apr 12 2016 // Imagine sitting at your desk writing a quote for an insurance policy and suddenly the lapel of your coat begins angrily buzzing, snapping you out of a daze and causing you to quickly straighten up and become alert. The...
Mass. Securities Regulator Expresses Caution Over ‘Robo-Advisers’
Apr 4 2016 // Massachusetts’ chief securities regulator is pushing back against automated investment services, saying it’s not clear that they can act in the best interest of clients. So-called robo-advisers may be...
Regulations Create Roadblock for Automated Cars Without Human Controls
Mar 14 2016 // Existing U.S. laws pose few barriers to adoption of autonomous vehicle technology so long as cars and trucks stick with existing designs allowing humans to take control, the agency overseeing traffic safety said...
Studies Weigh How Human Behaviors Affect Self-Driving Cars
Mar 1 2016 // How much people trust technology and what type of driving alerts they respond to may have as much or more to do with the success of autonomous vehicles than technological, legal and security concerns, according to two new...
Why Robots Replacing Humans at Work Is More Science Fiction Than Fact
Feb 19 2016 // Ever since robots emerged from the pages of science-fiction novels into the real world, humans have feared being usurped in the workplace. That worry may be more fictional than scientific. A recent study by the VDMA...
