Regulation of Autonomous Vehicles
Posted on Jul 29, 2016 in Industry News | Comments Off on Regulation of Autonomous Vehicles
A major issue to be addressed as autonomous vehicles come onto the market is who will regulate them. Traditionally, vehicle safety has been within the purview of federal governments, but states have regulated traffic laws. Some believe that increased uniformity will be required when cars no longer have human drivers; a “patchwork quilt” will be unworkable, they believe. The...
Insurers Preparing for a World of Autonomous Vehicles
Posted on Jul 28, 2016 in Insurance Developments and Trends, Technology Impacting Auto Insurance | Comments Off on Insurers Preparing for a World of Autonomous Vehicles
When autonomous vehicles become ubiquitous, what will be the need for car insurance? That is the question auto insurers are beginning to face as autonomous vehicle technology promises safer roads and fewer accidents. At least one insurer, State Farm, is participating in research on driverless car equipment through collaboration with automakers and suppliers at the University of...
Cybersecurity and Allocation of Liability Are Top Concerns Among Risk Managers
Posted on Jul 21, 2016 in Insurance Developments and Trends, Technology Impacting Auto Insurance | Comments Off on Cybersecurity and Allocation of Liability Are Top Concerns Among Risk Managers
A recent survey conducted by Munich Re found that, where autonomous vehicles are involved, the top concern for corporate risk managers is cybersecurity. More than half of the corporate risk managers surveyed (55%) named cybersecurity, which included potential hacks into a vehicle’s data system and the failure of “smart road infrastructure,” as their number one concern. Mike Scrudato,...
Tesla on Autopilot Crashes in Montana
Posted on Jul 12, 2016 in Technology Impacting Auto Insurance | Comments Off on Tesla on Autopilot Crashes in Montana
A Tesla Model X traveling from Seattle to Yellowstone National Park on July 9th crashed on a two lane highway near Cardwell, Montana. The motorist and his passenger acknowledged that the vehicle was on Autopilot mode at the time of the collision and that his hands were not on the wheel at the time of the accident. In response to the accident, Tesla issued a statement stating that the...
Morality and Autonomous Vehicles
Posted on Jun 29, 2016 in Uncategorized | Comments Off on Morality and Autonomous Vehicles
The classic “trolley problem” in ethics is now becoming the “autonomous vehicle problem.” The thought experiment asks: A trolley is hurtling towards five helpless people on a track. Do you pull a lever to divert the trolley onto another track, hitting only one person—or do nothing? The updated question asks whether a driverless car should be programmed to hit three pedestrians in a...
