From an insurance perspective, electrifying tractor trailers brings issues that will need to be prepared for, like the potential for product liability claims.
While currently only private passenger types and light/medium trucks are eligible for the coverage, there is a possibility that ISO will expand the eligibility to include other vehicle types in the future.
From sophisticated cyberattacks and deepfakes to social inflation and a plethora of pandemic-related business interruption claims, insurers have had a busy year.