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self-driving

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This insurance CEO says fully autonomous cars still ‘decades away’

August 23, 2019 by Greg Meckbach

Vehicle makers continue to add autonomous features but not everyone thinks that fully self-driving cars are coming any time soon. “I don’t buy into the autonomous vehicle thing. That is decades away, quite frankly,” Steve Smith, president and chief executive

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Why fully automated cars are a lot further away than you think

July 8, 2018 by Jason Contant

Don’t hold your breath waiting for the first fully autonomous car to hit the streets anytime soon. Car manufacturers have projected for years that we might have fully automated cars on the roads by 2018. But for all the hype that

News Insurance

Magna International partnering with Lyft on self driving vehicle systems

March 15, 2018 THE CANADIAN PRESS

AURORA, Ont. – Auto parts manufacturer Magna International says it has struck a multi-year collaboration with rideshare company Lyft to jointly fund, develop and manufacture self-driving systems at scale Aurora, Ont.-based Magna says the co-developed self-driving systems could be used

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Self-operating shuttle bus involved in accident shortly after Las Vegas launch

November 9, 2017 Regina Garcia Cano - THE ASSOCIATED PRESS

LAS VEGAS – The robots won this one. A driverless shuttle bus was involved in a minor crash with a semi-truck less than two hours after it made its debut on Las Vegas streets Wednesday in front of cameras and

News AppointmentsInsuranceMergers and AqcuisitionsTechnology

Uber announces Toronto research hub for self-driving technology

May 8, 2017 by Canadian Underwriter

Uber has announced that Toronto will be the first international research hub of its Advanced Technologies Group. The technology company also welcomed Raquel Urtasun, an associate professor at the University of Toronto “and one of the world’s leading researchers in

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Volvo Cars and Uber join forces to develop autonomous driving cars

August 18, 2016 by Canadian Underwriter

Swedish luxury premium car maker Volvo Cars and ridesharing company Uber have announced that they are joining forces to develop “next generation autonomous driving cars.” The two companies have signed an agreement to establish a joint project that will develop

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Tesla driver killed in crash while using car’s ‘Autopilot’

July 1, 2016 By Joan Lowy and Tom Krisher - THE ASSOCIATED PRESS

WASHINGTON – The U.S. announced Thursday the first fatality in a wreck involving a car in self-driving mode, the 40-year-old owner of a technology company who nicknamed his vehicle “Tessy” and had praised its sophisticated “Autopilot” system just one month

News InsuranceLegislation / RegulationMergers and AqcuisitionsTechnology

Autonomous vehicle sales to reach 21 million globally by 2035: IHS Automotive

June 7, 2016 by Canadian Underwriter

Global autonomous vehicle sales will reach nearly 21 million by 2035, a substantial increase from previous estimates, according to the latest forecast from IHS Automotive. Released on Tuesday, the forecast is a major increase from previous estimates and is influenced