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NY DFS Proposes New Reg for Auto Insurers

The New York State Department of Financial Services (DFS) has released a proposed regulation aimed at prohibiting the use of education and occupation as underwriting criteria.  The proposal comes after a DFS investigation found some auto insurers in New York use a driver’s education level and/or occupational status as an underwriting factor, landing those drivers in a less-favorable...

Videocast: The Future of Artificial Intelligence: Autonomous Vehicles and Beyond

Companies and consumers need to truly understand the impact of embracing artificial intelligence, including that the rate of auto-related deaths will be lowered drastically, how our overall transportation, commerce and quality of life will be improve and that AI is a reality today and will become far more advanced with each passing year.  These issues are discussed in The Future of...

Transportation Disrupted: Artificial Intelligence in the Driver’s Seat

We are pleased to be hosting a special artificial intelligence (AI) forum tomorrow, May 3, from 1:00 – 5:30 p.m. EST titled Transportation Disrupted: Artificial Intelligence in the Driver’s Seat. Attendees will hear from a variety of experienced practitioners on the subject of AI, including: Vinn White, former Assistant Secretary for Transportation Policy, U.S. Department of...

Google Spin-off Waymo Offers Free Driverless Rides

Waymo, the self-driving car program spun off by Google, has announced that it will be offering Phoenix residents free rides in driverless Lexus SUVs and Chrysler Pacifica minivans.  The company specified it is looking for riders from diverse backgrounds and varied transportation needs.  Although the vehicles will be operated without a driver, a Waymo driver will be present to ensure a ...

Car Data Transmitters Pose Cybersecurity Risks

Argus Cyber Security Ltd., an Israeli cyber security firm,  recently announced that it had succeeded in using a dongle, a device that many insurance companies install in vehicles to track policyholders’ driving behaviors, to gain access to a  vehicle’s internal communication system. The announcement further raises concerns about the ability of hackers to take control of moving cars....

Britain Proposes New Framework Autonomous Vehicle Insurance

The British government has announced that it will consider new regulations to guarantee victims of accidents involving self-driving cars timely compensation in an effort to clear one of the largest obstacles to automated driving technology. Regulators and insurers have grappled with how to determine the ultimate liability for accidents, slowing the roll out of the technology. In an...

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