How auto insurance will navigate a world with self-driving cars
October 4, 2023 Tim Crljenica, Thomas Gold Pettingill LLPSelf-driving cars have been a part of visions of the future for decades, and what was once only imaginary has started to become reality. Not only do self-driving cars exist, but five U.S. states (Arizona, California, Michigan, New Hampshire and…
Quebec’s AMF explores implications of autonomous vehicles
November 11, 2021 Philip PoradoSelf-driving vehicles will change the auto liability landscape across Canada and raise data privacy concerns, said an issues paper from Quebec’s financial services regulator, the Autorité des marchés financiers (AMF). The paper identifies five levels within the connected and autonomous…
Existing auto insurance system well-positioned to handle autonomous vehicle claims: Travelers Canada exec
July 14, 2021 by Jason ContantCanada’s existing auto insurance structure is well-positioned to resolve claims and provide fair and timely compensation to accident victims when autonomous vehicles (AVs) are involved in a crash, a Travelers Canada executive said Monday. “The current auto insurance framework is…
Loblaw to test autonomous delivery vehicles in Greater Toronto Area in January
November 23, 2020 The Canadian PressTORONTO – Loblaw Companies Ltd. has signed a partnership deal with technology company Gatik to test autonomous delivery vehicles in Toronto starting in January. Under the multi-year agreement, Gatik will transport goods from an automated picking facility to retail locations…
The Herculean task required to reduce liability claims involving autonomous vehicles
July 30, 2020 by Adam MalikAutonomous vehicles need their own space to operate, a report says, and auto executives agree that putting them on the same roads as human-driven cars in a mixed-use environment will only increase liability claims. “As autonomous technology develops and matures,…
Self-driving cars may not reduce as many crashes as you think: report
June 10, 2020 by Adam MalikInsurers expecting the rise of autonomous vehicles to lower collisions may not get the results they were hoping for, according to a new report. It turns out that self-driving vehicles might prevent only about one-third of all collisions, says the…
How this city is mitigating autonomous vehicle risk
March 5, 2019 Ramesh Santanam - THE ASSOCIATED PRESSPITTSBURGH – Companies testing autonomous vehicles in Pittsburgh will have to immediately report crashes resulting in any injuries as part of new guidelines announced Monday intended to boost public confidence in the testing after a deadly accident in Arizona last…
Will current auto liability regime apply to driverless cars?
February 7, 2018 Greg Meckbach, Associate EditorInsurance and traffic laws probably need to change when motorists start sharing the road with driverless cars, a speaker told claims specialists Tuesday. There are now vehicles on the roads with limited self-driving capabilities (as opposed to having no steering…
Intel to acquire driver assistance systems manufacturer Mobileye
March 13, 2017 by Canadian UnderwriterMobileye N.V., whose vehicle-mounted technology is designed to anticipate collisions, has agreed to be acquired by microprocessor manufacturer Intel Corp. Intel said Monday that one of its subsidiaries “will commence a tender offer” to acquire Mobileye shares for US$63.54 in…