auto insurance News
Expect Wide Global Adoption of Telematics-Based Auto Insurance: Study
Global use of usage-based auto insurance will explode in the next 7 years, a new industry analysis asserts. IHS Inc.'s IHS Automotive said that 142 million customers will sign up globally for the ...
Auto Insurance Premiums Could Collapse as Driverless Cars Take Hold
The automotive and tech companies pursuing the driverless car share a utopian belief: Autonomous vehicles will benefit society, eventually saving most of the nearly 33,000 people each year killed in ...
Ford’s Auto Partner in China Completes 1,200-Mile Self-Driving Car Test
Chongqing Changan Automobile Co., Ford Motor Co.'s partner in China, said it completed a 1,200-mile road trip to test a self-driving car as part of its ambitions to produce highly automated vehicles ...
Ping An Insurance Grabs $1.6B Stake in Chinese Car Website
Ping An Insurance Group Co., China's second-largest insurer, agreed to buy a 48 percent stake in Chinese car website Autohome Inc. from Telstra Corp. for $1.6 billion, extending a shopping spree by ...
Automakers Urge Insurers to Remind U.S. Drivers of Recalls
Major carmakers want U.S. auto insurance companies to help persuade millions of American car owners to get recalled vehicles fixed. The new push comes as a U.S. House panel will hold a hearing ...
Allstate’s Esurance ‘Unveils’ Election Day Insurance (Giggle)
Allstate's Esurance is using the convergence of a volatile and unpredictable election year and April Fools' Day to have a little fun. The fun comes in the form of Esurance's (pretend) new Election ...
Full U.S. Adoption of Self-Driving Cars Likely By 2055: Moody’s
Near-universal adoption of self-driving cars in the United States is likely by around 2055 and poses a long-term threat to auto insurance companies, Moody's Investors Service said in a research ...
Five Actions Auto Insurers Should Take to Thrive in the Autonomous Tech Boom
We are in the golden age of autonomous technology, with new car models rolling off the assembly line daily with state-of-the-art crash avoidance features. Innovations such as parallel-park assist, ...