Category Archives: Auto Trends

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Ridin’ with the Waymos

In Phoenix final week, I did what insurance coverage of us do in Phoenix. I hunted down an autonomous car. I even took an image: The ‘W’ on the rear window stands for Waymo, the Google/Alphabet division that’s most likely the chief in growing driverless applied sciences. Relying on which insurance coverage thought chief you… Read More »

Auto Outcomes: Ups and Downs

Whereas the spike in auto accident charges seems to have eased up to now yr or so, will increase in declare dimension proceed to current challenges. The oldsters at Gen Re weigh in: Trade loss ratios recommend that many carriers are nonetheless enjoying catch-up. With final legal responsibility loss ratios above 70% and mixed ratios… Read More »

Is relief in sight for personal and commercial auto claims?

By Steven Weisbart, Chief Economist, Insurance Information Institute     About three years ago the Insurance Information Institute noticed a strong correlation between the number of people employed and the amount of driving done, as measured by the U.S. Department of Transportation’s monthly survey of vehicle-miles traveled. Of course, it is reasonable to expect that… Read More »

Automated Vehicle Symposium: Recap

The Automated Vehicle Symposium took place in San Francisco July 9-12.  I.I.I.’s Brent Carris files this report. Consumer trust is centric to the success of automated vehicle (AV) deployment; a point stressed continuously throughout the conference.  U.S. Department of Transportation (DOT) Secretary, Elaine Chao, along with many others, noted that 94 percent of auto accidents… Read More »

From the I.I.I. Daily: Our most popular content, March 20-27

Here are the 5 most clicked on articles from the I.I.I. Daily newsletter. Presentation: Rising Auto Costs Trending news article: Video shows moments before Uber robot car rammed into pedestrian, The Wall Street Journal Blog post: The challenge of population projections: future strain on Medicare and Social Security may be even greater than Census figures… Read More »