Daily Archives: July 10, 2017

Automakers Grapple with What To Do with Drivers in Autonomous Vehicles

By David Shepardson | June 26, 2017 Insurance Journal Automakers are using tiny cameras, sensors to track drooping heads, steering wheel monitors and audible alerts to ensure drivers pay attention when using advanced driver assistance systems, like Tesla’s Autopilot, that allow drivers to take their hands off the wheel. In a report this week on the May 2016…

Auto Insurance Market to Shrink by 70% by 2050: KPMG

June 29, 2017 Insurance Journal Autonomous vehicle technology, a rise in on-demand transportation and a shifting of liability to manufacturers will shrink the auto insurance sector by more than 70 percent or $137 billion by 2050, according to updated research by KPMG. In a 2015 report, KPMG said the market would shrink by as much as…