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The Future of Tracking Devices and Usage-Based Insurance

According to the Wall Street Journal, some consumers have said they are wary of using tracking devices offered by insurers to assess their driving and potential for discounts for good driving. Insurance companies are increasingly using personal data to assess risk and fine-tune their pricing of policies—or at least to provide discounts. As insurers have tested tracking devices, they...

FTC Auto Distribution System Workshop Agenda Announced

The Federal Trade Commission has released its agenda and the panelists for its workshop on the U.S. auto distribution system, to be held on January 19, 2016.   Panel topics will include state regulation of dealer networks, warranty reimbursement regulation, direct distribution, and future trends (including autonomous vehicles, connected cars, and car sharing services).  Panelists will...

GM and Lyft Partner Up

General Motors and ridesharing company Lyft recently announced a historic new partnership.  The two companies will work together in developing an on-demand network of self-driving vehicles, as well as short-term car rental vehicles for those who want to earn money as a Lyft driver.  Significantly, GM will invest $500 million in Lyft, in what is reportedly the largest direct investment...

Pennsylvania House Passes Appraiser Act

The Pennsylvania House of Representatives has passed House Bill 1638, which amends a 1972 law removing a requirement that insurance appraisers be present for all auto inspections.  The bill specifies that customers will still possess the right to choose how they want their vehicles inspected, paving the way for virtual inspections.  The bill is currently before the Pennsylvania...

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