Look on the Bright Side of Transition to Autonomous Driving June 1, 2017 By Mark Hollmer The advance of driverless cars and the prospect that they will disrupt property/casualty insurance and change the way autos are...
China Ride-Hailing Firm, Didi, to Go Global After Record Funding May 1, 2017 By Christina Larson Chinese ride-hailing giant Didi Chuxing just raised more than $5.5 billion, giving Uber Technologies Inc. Chief Executive Officer Travis Kalanick...
‘Flying Taxi’ Successfully Tested in Germany by Start-Up Lilium Jet April 21, 2017 By Eric Auchard A Bavarian start-up is developing a five-seat “flying taxi” after successful test flights over Germany of a smaller version of...
Future Tech to Create Lower Claims Frequency, New Threats: Allianz Report April 20, 2017 By L.S. Howard Technology is expected to be a major driver of liability claims in the years ahead – cutting frequency and increasing...
Self-Driving Cars to Transform Motor Insurance in Liability Shift: Fitch March 17, 2017 Widespread use of autonomous vehicles will completely transform the motor insurance sector over the long term when liability begins to...
U.S. Picks North Carolina Turnpike Authority to Assist With Testing Driverless Cars January 24, 2017 The U.S. Department of Transportation recently designated the North Carolina Turnpike Authority to help with testing driverless cars. A statement...
Consumers Not Yet Convinced Driverless Cars Are Safer January 19, 2017 Car makers and tech firms are convinced that driverless cars are the future, but they appear to be ahead of...
Emerging Risks/Markets Offer New Opportunities: 2017 Predictions, Part 3 December 21, 2016 By L.S. Howard Insurers and reinsurers continue to look for organic growth where they can find it – sometimes from emerging risks and...
Uber Wants Pennsylvania to Delay Rules for Driverless Cars December 9, 2016 Ride-sharing company Uber wants the Pennsylvania Department of Transportation to delay policy recommendations that govern the testing of driverless cars....
Who Pays When Driverless Cars Crash? UK Insurers Call for Int’l Standards November 22, 2016 Cars of the future will need to collect a basic set of core data to prevent drivers being unfairly blamed...