Driverless Cars Threaten to Crash Insurers’ Earnings
Driverless cars threaten to crash insurers’ earnings
Hasnain says:
"While many in the insurance industry expect the new technologies to improve and proliferate, “we are still operating in an era when car makers are recalling millions of vehicles for the simplest of technology failures: ignition switches, floor mats and air bags,” said Robert Hartwig, president of trade group Insurance Information Institute.
He said many prognosticators with speedy timetables for driverless-car adoption “have drunk too much of the Silicon Valley Kool-Aid.”"
Posted on 2016-07-26T17:49:50+0000