Driverless cars developed by companies such as Google Inc. could transform the insurance industry if their accident-avoidance technology sparks a shift in risk transfer, according to one of the Bank of Englands first blog posts.
A combination of telematics, EDRs and black box technologies will continue to impact both claims frequency and severity in different ways. Mitchell's Greg Horn explains.
A combination of telematics, EDRs and black box technologies will continue to impact both claims frequency and severity in different ways. Mitchell's Greg Horn explains.
Improved vehicle design has certainly had some impact on the reduction of accidents, but the decreased number of accidents reported to police agencies is more likely due to financial woes.
Advances in crash-avoidance systems have hit a fevered pace over the last few years, including vehicle-stability controls and back-up camerasbut will the technology eliminate auto accidents?
A new generation of Web-based risk management systems aimed at changing driver behavior has emerged with impressive results--fewer accidents, lives saved, and the elimination of millions of dollars a