INSURANCE LAWYER MILLENIUM

Sunday, May 18, 2014

Insurance News - Sunday, May 18, 2014

Here are the leading auto insurance headlines from ONTARIO AUTO INSURANCE TOPICS ON TWITTER for Sunday, May 18, 2014:
  • Google did a parking-lot test with 100 cyclists driving around a self-driving car. It was able to see all of them and track their movement.
  • Originally heralded as the death knell for independent agents and brokers, online auto insurance comparison sites now seem not only to be relatively toothless, but actually on their way out.
  • Rhode Island regulators recently issued a bulletin notifying the state’s auto insurers of their filing requirements and deadlines for the Rhode Island Insurance Verification System (RIIVS) to track uninsured motorists.
  • Actuaries are adapting to the telematics revolution.  They have also found that telematics more or less affirms the old rating factors.
  • Actuaries will also have to adapt to driverless cars.
  • A little-noticed amendment to the United Nations Convention on Road Traffic agreed last month would let drivers take their hands off the wheel of self-driving cars. It was pushed by Germany, Italy and France, whose high-end car-makers say they are ready to zoom past American tech pioneers and bring the first "autonomous vehicles" to market.
Posted by INSURANCE LAWYER at 4:10 AM
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