The Travelers Companies has joined the Advanced Vehicle Technology (AVT) Consortium at the Massachusetts Institute of Technology (MIT) and Partners for Automated Vehicle Education (PAVE), organizations working to advance research and public information about automated vehicle and driver assistance technologies. …
Though it’s estimated that by 2025 auto insurance premiums will drop by $25 billion as a result of the adoption of driverless cars, the insurance market is expected to recover through new lines of coverage, according to a report by …
By the time today’s millennial insurance professionals are its top executives, the U.S. personal auto insurance industry will be a skeleton of its current self. Within 25 years, the private passenger automobile insurance industry will shrink by as much as …
