autonomous vehicles

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How self-driving cars will drastically change the insurance industry and our laws

With the pending arrival of autonomous vehicles, are the insurance industry’s days numbered? It would seem that way. Self-driving cars have the potential to save lives and save consumers money in premiums – and experts say the industry must change drastically and be creative with its products to survive. “Anything that makes cars safer is very pro-social and bad for the auto insurance industry,” Warren Buffett told CNBC in May. His company, Berkshire Hathaway, owns insurance giant Geico. “If there are no accidents, there is no need for insurance.” Read [...]

By | 2016-11-03T16:44:06+00:00 November 3rd, 2016|Blog, Groundbreaking Law, Insurance Claims, Personal Injury|0 Comments