Eversheds Sutherland Up to Speed Blog
content top

Minnesota the Latest State to Join the Price Optimization Bandwagon

The Minnesota Department of Commerce has issued Administrative Bulletin 2015-3, barring the use of price optimization in ratemaking by property and casualty insurers. The Bulletin states that “[p]rice optimization is not an actuarial estimate based on expected losses, expenses, and the degree of risk,” and it therefore concludes that the use of price optimization is unfairly...

Tax Cut Propels Auto Sales in China

Sales of passenger vehicles have surged to a ten-month high in China following the cut of a car-purchasing tax. Following a summer slowdown, auto sales climbed 13 percent in October to 1.94 million vehicles. The rebound, coming ten months after the elimination of the tax benefiting auto manufacturers, also follows the trend of increased consumer spending in China. Total vehicle sales...

Hackers Set their Sights on Cars

Criminals using wireless accessibility to hack into vehicles will soon become a genuine threat, although the potential for the problem is unknown. Automobile owners can become informed as to how their vehicles can be hacked and limit who has access to their cars in order to minimize the threat. To view the full article, visit Law360 (subscription required).

Areas for Compromise on House and Senate Transportation Bills

The House of Representatives and the Senate have passed transportation bills and now must negotiate a compromise bill that can be signed by the President. Some of these differences affect manufacturers. For example, the House bill provides some protection from liability for failure to follow National Highway Traffic Safety Administration guidelines; requires steps to ensure access to...

Switzerland to Showcase Autonomous Buses in 2016

Swiss startup BestMile is developing a system in which vehicle operators can monitor and control public transportation fleets remotely. Autonomous buses carrying up to nine passengers will be introduced in the spring of 2016, at which time they will undergo two years of testing. To view the full article, visit Digital Trends.

« Older Entries Next Entries »