California Takes First Step Toward Regulation of Autonomous Vehicles
Posted on Dec 18, 2015 in Industry News | Comments Off on California Takes First Step Toward Regulation of Autonomous Vehicles
California has developed preliminary regulations for autonomous vehicles, anticipating the day when they will be offered for sale. The proposed rules impose additional certification requirements on users; permit manufacturers to lease, rather than sell, the driverless cars; and make the user, rather than the car, responsible for obeying the traffic laws. This latter requirement means...
FTC to Address U.S. Auto Distribution System
Posted on Dec 18, 2015 in Industry News | Comments Off on FTC to Address U.S. Auto Distribution System
The Federal Trade Commission has announced that it will host a workshop on the U.S. auto distribution system on January 19, 2016 in Washington, D.C. The workshop is intended to focus on competition issues arising from state regulation of the distribution system, as well as how that regulatory environment may be affected by emerging trends in the auto industry. The FTC has invited...
US Regulators Seek To Upgrade Crash Safety Ratings and Test Dummies
Posted on Dec 10, 2015 in Industry News, Insurance Regulation, Technology Impacting Auto Insurance | Comments Off on US Regulators Seek To Upgrade Crash Safety Ratings and Test Dummies
The National Highway Traffic Safety Administration (“NHTSA”) has recently proposed to update its five-star crash-test rating system to account for changes in technology. The proposal was motivated in part by an increase in highway fatalities—despite a general decrease in such deaths over the past decade, the fatality rate rose by 8.1% in the first half of 2015. The NHTSA proposal...
Hearing on Vehicle Cybersecurity Standards
Posted on Nov 20, 2015 in Insurance Regulation | Comments Off on Hearing on Vehicle Cybersecurity Standards
The House subcommittees on Information Technology and Transportation and Public Assets have recently addressed vehicle security. In a November 18 hearing, members of Congress questioned a regulator from the National Highway Traffic Safety Administration about progress on developing cybersecurity standards for connected vehicles, and noted that NHTSA had not created such standards...
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...
