Latest Automation Optimization Headlines
All the headlines from our Automation Optimization Topic Page, ordered by recency.
From Here to Autonomy: Morality and Retirement Timeline for Auto Insurance Pros
Jul 28 2017 // While the media, ethicists and perhaps the public like to ponder whether a self-driving car in a crisis should be programmed to hit a group of nuns crossing the street or hit a bus full of schoolkids, the drive toward...
Driverless Car Technology and Its Impact in New York
Jul 24 2017 // New York Governor Andrew Cuomo in May signed a budget bill into law allowing self-driving and self-parking cars to be tested for one year on New York public highways. Prior to this law going into effect, the technology was...
Q&A: How Driverless Car Technology Could Impact New York and Other States
Jul 6 2017 // Powered by InsuranceJournal.tv New York Governor Andrew Cuomo in May signed a budget bill into law allowing self-driving and self-parking cars to be tested for one year on New York public highways. Prior to this law going...
Insurers Say They Need Access to Data from Automated Car Systems
Jun 30 2017 // Property/casualty insurance carriers want future federal rules governing driverless vehicles to guarantee insurers “reasonable” access to data from cars with automated driving systems. “The increasing...
How ‘Exposure Data Tracking’ Is Taking Over Personal Lines Insurance
Jun 5 2017 // Today’s insurers want to be there for their customers — literally. With sensors in policyholders’ cars, homes and personal devices, “exposure data tracking” is becoming a competitive...
Ransomware Risk: 4 Questions to Ask to Optimize Cyber Insurance
Jun 5 2017 // Following the “WannaCry” ransomware cyberattack in at least 140 countries, insurers, brokers and cyber risk management specialists are working with businesses to report claims, improve and expand existing cyber...
Manufacturing’s Share of Workers’ Comp Premium Is High Relative to Exposure: NCCI
May 15 2017 // In 2016 in the United States, the manufacturing sector produced nearly 72 percent more goods than in 1990, but manufacturers achieved that milestone with only about 70 percent of the workers that were on factory floors two...
State Regulators Scrutinizing Use of Premium Caps in Insurance Rating
Apr 20 2017 // Concerns over price optimization are leading regulators to think carefully about the implications of longstanding practices in insurance rating, including premium “caps” on policy renewals for individuals,...
Robots Could Steal 32% of Jobs in UK Financial Services by 2030: PwC
Mar 24 2017 // Approximately 32 percent of existing UK jobs in financial services and insurance could be automated by robotics and artificial intelligence (AI) over the next 15 years, according to a new study by...
Trump Administration Reviewing Obama’s Autonomous Vehicle Guidance
Feb 27 2017 // U.S. Transportation Secretary Elaine Chao said on Sunday she is reviewing self-driving vehicle guidance issued by the Obama administration and urged companies to explain the benefits of automated vehicles to a skeptical...
Staying Alive: Cutting U.S. Highway Death Rate to Zero
Feb 27 2017 // In the near future, the U.S. should be able to prevent thousands, and perhaps tens of thousands, of deaths on the roads and highways. The Department of Transportation has proposed a Road to Zero — the elimination of...
Snoozing While Cruising Argues for Full Autonomy in Vehicles
Feb 21 2017 // As Ford Motor Co. has been developing self-driving cars, the U.S. automaker has started noticing a problem during test drives: Engineers monitoring the robot rides are dozing off. Company researchers have tried to roust...
How to Grow Your Insurance Agency in 2017
Jan 23 2017 // Growing a successful agency isn’t always easy in today’s world. While you likely created a business plan when you first launched your insurance agency, you might not have looked at it recently. As the insurance...
Investigation Concludes Tesla Not at Fault in Self-Driving Car Crash
Jan 20 2017 // The push to bring self-driving cars to American roads got a significant boost on Thursday when the nation’s chief auto safety regulator essentially cleared Tesla Motors Inc.’s Autopilot system of fault in a...
Apple Urges Regulators to Go Easy on Autonomous Vehicle Testing
Dec 6 2016 // Apple Inc. is wading in to the debate over regulation of self-driving cars, declaring it is excited about the potential for automated transportation and calling on U.S. regulators not to restrict testing of such...
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...