That assessment contrasts with previous dire predictions for the industry. But as a handful of fatal accidents involving autonomous vehicles has made clear in recent years, insurance coverage will probably evolve, not disappear. One thing that will change is who pays for the policy, according to BNEF. Rather than individual drivers, manufacturers and technologies companies will be more likely to need coverage, and that shift could be a boon for insurers that are quickest to adapt.
Donner said one such opportunity is cyber insurance to protect against cars getting hacked. Even if autonomous driving makes the roads safer, accidents that do occur could cost a lot more, by damaging expensive sensors, for example.
Driverless cars may cut traffic jams, but not insurance premiums
The road to a truly disrupted future is long. For now, that will create a space for insurers to cover both the individual owner and the car itself. Subscribe for original insights, commentary and discussions on major news stories of the week, from the InvestmentNews team.
Traditional financial companies are beginning to embrace cryptocurrencies and blockchain projects more than a decade after the creation of Bitcoin in That comes even as some remain skeptical of mainstream adoption. The company's announcement that it was slashing fees on two of its bond funds came just a day after BlackRock lowered fees on its lineup of style ETFs.
In late , amid the financial crisis, traders expected several Fed hikes in the following couple of years, but central bank officials didn't tighten until The company's proposed exchange-traded fund would track the cryptocurrency using pricing from U. Dec 24, Dec 19, Eynelys talks Pence getting the Covid vaccine on tv, Congress extending stimulus negotiations over the weekend, why we should support Jimmy Dore's ForceTheVote strategy to get Medicare For All, Tulsi Gabbard fighting to repeal the Patriot Act, and what Nina Turner is already fighting for before getting into Congress.
All Links: Linktr. Dec 15, Dec 9, Eynelys talks about Jimmy Dore's idea to force a Medicare for All vote to floor of the House by using leverage over the Speaker vote for Nancy Pelosi, how billionaires are exploiting the pandemic, and a stimulus half of what was offered recently being considered.
zamorano News and Updates from The Economic Times - Page 3
Dec 1, Todos Los Links: Linktr. Nov 27, Nov 22, All Links at Linktr.
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Nov 18, Nov 17, Eynelys talks with Graham about the problem with "vote blue no matter who", being speakers at the People's Convention, and more! Nov 12, Eynelys talks about Michelle Bachman's reaction to Joe Biden's win, raising the minimum wage, why censorship isn't the answer, and more. Nov 10, We discuss why it's time to start a major new party to represent Americans. Eynelys talks with Yana about her run for Senate in Wyoming and more. Nov 9, Eynelys talks with Brandon about drug addiction and rehabilitation in America.
Eynelys talks with Sarena and Justin about the reality of life for youth in America.
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