Technology is expected to be a major driver of liability claims in the years ahead – cutting frequency and increasing new threats such as cyber, product liability and recall risk, according a report published by Allianz Global Corporate & Specialty …
Widespread use of autonomous vehicles will completely transform the motor insurance sector over the long term when liability begins to shift towards manufacturers and traditional risk pools shrink, according to a report published by Fitch Ratings. “The question of who …
The U.S. Department of Transportation recently designated the North Carolina Turnpike Authority to help with testing driverless cars. A statement from the N.C. Department of Transportation on Friday said the authority was selected from a competitive group of more than …
Car makers and tech firms are convinced that driverless cars are the future, but they appear to be ahead of consumers in that thinking. Only 23 percent of Americans say they are willing to ride in an autonomous car, while …
Insurers and reinsurers continue to look for organic growth where they can find it – sometimes from emerging risks and sometimes from emerging markets. As always, the keys to success are market knowledge and patience. Providing a heads-up for such …
Ride-sharing company Uber wants the Pennsylvania Department of Transportation to delay policy recommendations that govern the testing of driverless cars. Uber, which has been testing the driverless cars in Pittsburgh for weeks, wants PennDOT to wait for legislation to be …
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 an standard …
If you have nightmares about robots taking over the world, here’s something that might really scare you: some tech industry veterans in Seattle want to ban human drivers from a 150-mile stretch of Interstate 5 and reserve it for self-driving …
Uber riders in Pittsburgh can get a glimpse of the future by summoning a car capable of handling most of the tasks of driving on its own. Starting Wednesday morning, a fleet of self-driving Ford Fusions will pick up Uber …
Ford Motor Co. intends to start selling driverless cars to the public by about 2025, its chief executive officer said. The goal is to lower costs enough to make autonomous vehicles affordable to millions of people, CEO Mark Fields said …
