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According to a Breeze survey, 55% of consumers would be interested in buying a hypothetical insurance product from Amazon that used data analytics to determine policy pricing, over a legacy carrier.
January 19 -
In other news: Overhaul and Movingdots collaborate; Zurich Resilience Solutions adds DEI service; Vertafore names chief technology officer.
January 13 -
The company added new enterprise CIO and chief security officers.
January 10 -
The EQXX, presented at the CES show in Las Vegas, can drive more than 1,000 kilometers (621 miles) with a battery half the size of Mercedes-Benz’s EQS, its current flagship electric vehicle, the manufacturer said Monday. The sedan’s battery technology is set to be deployed in the company’s compact cars from 2024.
January 3 -
Based on more than 700 billion miles of historical driving data, most recently from more than 32 million active mobile telematics connections and more than a decade of data directly from cars, we’ve predicted three major trends to keep an eye out for as we head into 2022 and beyond.
December 28
Arity -
It’s hard to believe we’re approaching year eight of Apple’s work on a self-driving car. For all the fits and starts, 2022 could prove to be the project’s most pivotal.
December 22 -
Consumers getting policies from the California FAIR Plan climbed about 25% in 2020, according to data from the state’s insurance department. That was due to increases in both new policies and renewed ones.
December 21 -
Forty-six percent of consumers are open to pay-per-mile and 45% are interested in a program that rewards safe driving with discounts, according to a Nationwide survey. Yet only 45% of agents offer telematics to a quarter or fewer of customers.
December 21 -
The automaker got the green light to sell its Drive Pilot package for use on stretches of the country’s Autobahn network at a speed of up to 60 kilometers (37 miles) per hour, Mercedes said Thursday.
December 9 -
When Americans gather around the Thanksgiving table this week, the blistering rally in technology, electric vehicles and crypto-related stocks is likely to be a part of their conversations.
November 23 -
In other news: Liberty Mutual launches insurance agency; Neptune Flood releases carbon-neutral plan; New York Life announces CEO-elect.
November 22 -
Electric vehicles fare poorly in the latest reliability study from Consumer Reports, with Tesla Inc. and its battery-powered lineup finishing second to last for the second-straight year. Only Ford Motor Co.’s Lincoln division was worse, the organization said Thursday at the Automotive Press Association in Detroit.
November 19 -
Apple Inc. venturing into cars might shake up the electric vehicles market in the same way the iPhone revolutionized the mobile communications industry in 2007. So says Morgan Stanley.
November 19 -
Willis Towers Watson Plc is adding four new members to its board after activist investors pushed for changes at the insurance brokerage following the collapse of a $30 billion planned sale to Aon Plc.
November 18 -
UPS, which tested autonomous delivery vans with Waymo in the Phoenix area beginning last year, will expand that partnership to include big rigs, Waymo said in a statement. The courier first began testing autonomous technology on 18 wheelers with TuSimple in Arizona after taking an equity stake in the startup in 2019. The Waymo tests will be done for UPS’s North American Air Freight unit for delivery routes between Dallas and Houston.
November 17 -
American International Group Inc. and other insurers avoided steep losses from a spate of extreme weather this year thanks in part to the reinsurance industry. But increased reliance on those policies probably means price hikes are coming.
November 17 -
Cryptocurrencies have faced a bumpy road to gaining acceptance from the U.S. financial system.
November 17 -
Amazon says it isn’t legally culpable because the driver worked for Harper Logistics LLC, one of thousands of small businesses launched in recent years specifically to deliver Amazon packages. By focusing on the key role played by the algorithms, Rana’s attorney, Scott Harrison, is looking to prove that the company controls the operation, managing everything from how many packages drivers must deliver to whether they should be kept on or fired.
November 12 -
Before the year is over, Elon Musk wants to start production at Tesla’s new electric-vehicle factory outside Berlin. While he’s cautioned that ramping up Model Y output at the facility in the small town of Gruenheide will be challenging, the development is the talk of the German auto industry nonetheless.
November 11 -
Arity, a mobility data and analytics company founded by Allstate in 2016, has made its nearly 100 million driving risk scores exclusively available on Transparent.ly, a platform for auto insurance marketers to leverage leads and target shoppers.
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