Driverless Cars: Preparing for the Impact on the Automobile Insurance Industry
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Date
2017
Authors
Ryan, Chase
Journal Title
Journal ISSN
Volume Title
Publisher
University of Oregon
Abstract
The purpose of this study is to investigate the problem of uncertain legal liability, and the related problem of declining profits, for automobile insurers pertaining to driverless cars. Resources published from 2012 to 2017 are presented to the chief executive officers of automobile insurers, the Highway Loss Data Institute division of IIHS, and the Casualty Actuarial and Statistical (C) Task Force of the NAIC for the purposes of planning for a future with driverless cars.
Description
Keywords
Driverless cars, Insurance industry, Profits, Legal liability, Planning, Chief executive officer, Highways, Task force