Electronic Identification Cards to be Used in New York
Posted on Nov 19, 2015 in Technology Impacting Auto Insurance | Comments Off on Electronic Identification Cards to be Used in New York
GEICO has become the first insurance company to issue electronic insurance identification cards in the State of New York. These e-cards are now available to GEICO’s New York customers on its app. Under new regulations that went into effect in April, motorists may provide proof of auto insurance coverage in paper or electronic format. GEICO was the first company to complete the...
Hackers Set their Sights on Cars
Posted on Nov 11, 2015 in Technology Impacting Auto Insurance | Comments Off on Hackers Set their Sights on Cars
Criminals using wireless accessibility to hack into vehicles will soon become a genuine threat, although the potential for the problem is unknown. Automobile owners can become informed as to how their vehicles can be hacked and limit who has access to their cars in order to minimize the threat. To view the full article, visit Law360 (subscription required).
Switzerland to Showcase Autonomous Buses in 2016
Posted on Nov 7, 2015 in Technology Impacting Auto Insurance | Comments Off on Switzerland to Showcase Autonomous Buses in 2016
Swiss startup BestMile is developing a system in which vehicle operators can monitor and control public transportation fleets remotely. Autonomous buses carrying up to nine passengers will be introduced in the spring of 2016, at which time they will undergo two years of testing. To view the full article, visit Digital Trends.
Toyota to Invest Heavily in Technology Research Institute
Posted on Nov 6, 2015 in Technology Impacting Auto Insurance | Comments Off on Toyota to Invest Heavily in Technology Research Institute
Automaker Toyota Motor Corp. is trying to gain an edge over its Japanese competitors in the autonomous vehicle field by spending $1 billion to create a research institute devoted to artificial intelligence and robotics. The Toyota Research Institute will begin operating in January 2016, and will eventually boast locations near Stanford University and M.I.T. To view the full article,...
National Highway Traffic Safety Administration to Recommend Automatic Brakes in All Vehicles
Posted on Nov 4, 2015 in Industry News, Technology Impacting Auto Insurance | Comments Off on National Highway Traffic Safety Administration to Recommend Automatic Brakes in All Vehicles
The National Highway Traffic Safety Administration (“NHTSA”) stated that it plans to add automatic emergency breaking (AEB) to its 5-Star vehicle safety ratings as a way to encourage the spread of crash-avoidance technology. With this update to the NHTSA’s vehicle safety ratings, the AEB system would be recommended in all U.S. vehicles beginning with model year 2018. AEB reduces the...
Tesla Declares it is on Target to Meet Production Goals
Posted on Nov 3, 2015 in Technology Impacting Auto Insurance | Comments Off on Tesla Declares it is on Target to Meet Production Goals
Electric carmaker Tesla says it is still positioned to produce more than 50,000 vehicles this year. Tesla also states it is continuing to refine its Autopilot feature, currently available in beta release, which allows cars to autonomously steer and change lanes on highways. To view the full article, visit the New York Times.
