autonomous vehicles News

XL Catlin Participates in Consortium Bringing Driverless Cars to UK

Oxbotica, the Oxford-based artificial intelligence company that is developing driverless cars for the UK, announced it is leading a consortium of companies that plans to trial a fleet of fully autonomous vehicles in urban areas and on motorways, culminating in …

‘Flying Taxi’ Successfully Tested in Germany by Start-Up Lilium Jet

A Bavarian start-up is developing a five-seat “flying taxi” after successful test flights over Germany of a smaller version of the electric jet, the company said on Thursday. Munich-based Lilium, backed by investors who include Skype co-founder Niklas Zennstrom, said the …

Future Tech to Create Lower Claims Frequency, New Threats: Allianz Report

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 …

China’s Baidu Plans July Launch of Self-Driving Car Technology

Baidu Inc. said on Tuesday it would launch its self-driving car technology for restricted environment in July before gradually introducing fully autonomous driving capabilities on highways and open city roads by 2020. The project is named Apollo after the lunar …

Apple Soon Will Begin Road-Testing Self-Driving Car Software: Source

Apple Inc. will soon take its self-driving car software platform to public streets for the first time, a major step that gets the world’s largest technology company into a crowded race to reshape transportation. The California Department of Motor Vehicles …

Worldwide Facilities Adds Coverage Suite for Autonomous Vehicle Industry

Worldwide Facilities is has added commercial auto liability, physical damage, and inland marine coverages for autonomous vehicle manufacturers, research and development firms, and component parts manufacturers, including those involved in the production of full Level-4 autonomous vehicles. As modern vehicles …

Self-Driving Car Crash in Arizona A Reminder about Regulation Challenges

A crash that caused an Uber self-driving SUV to flip onto its side in a Phoenix suburb serves as a stark reminder of the challenges surrounding autonomous vehicles in Arizona, a state that has gone all-in to entice the company …

Self-Driving Cars to Transform Motor Insurance in Liability Shift: Fitch

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 …

When Will Self-Driving Cars Be Rolled-Out? Carmakers, Suppliers Disagree

Carmakers and suppliers gave widely differing timelines for the introduction of self-driving vehicles on Thursday, showing the uncertainties surrounding the technology as well as a split between cautious established players and bullish new entrants. Chipmaker Nvidia, facing direct competition with the …

Trump’s Infrastructure Plan Could Pave Way for Self-Driving Cars, Smart Roads

What does the Trump Administration have in store for the development of autonomous vehicles and smart roads? With the administration’s ambitious infrastructure plan still far from finalized, Hilary Rowen, a partner in the San Francisco office of Sedgwick LLP, whose …