Insurers Race to Develop Coverage for Driverless Cars - News Summed Up

Insurers Race to Develop Coverage for Driverless Cars


As federal investigators begin to examine a pedestrian fatality involving a self-driving Uber Technologies Inc. car this week, America’s car insurers are watching closely. Car insurers haul in roughly $230 billion of premiums a year, but much of that intake could evaporate in coming decades, say some consultants, assuming crucial breakthroughs in driverless technology that would eliminate the many wrecks caused by human error.


Source: Wall Street Journal March 21, 2018 09:32 UTC



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