Auto insurance

Carriers, regulators, and technologists have turned to an incremental fix for distraction: monitoring the driver, not the vehicle.

Founder Elon Musk has bristled for at how some Tesla customers have paid higher insurance rates, undercutting safety claims about its Autopilot system.

Both Uber and Lyft use captive insurance units based in Hawaii to help bear some of those risks.

There is little debate that we are in the beginning stages of monumental transformation, and the implications for the insurance industry couldn’t be greater.

The latest Escape features an optional 8-inch dashboard touch screen, 4G wi-fi connectivity and semi-autonomous safety features like automatic emergency braking.

Thanks to explosions in data and analytics capability, carriers have more options than ever to avoid leaning on controversial tactics like credit scores.

Free2Move will use Trov’s Vehicle Activity API to adjust insurance premiums based on data received in real-time from all of its connected cars, based on each vehicle’s current risk state.

The pace of motor vehicle insurance inflation slumped to 2% in February from a three-decade high of 9.7% a year earlier.

Sea Pine Technology provides applications to help with vehicle protection and other financing products.

Founder believes by leveraging data new company can provide better rates than most legacy carriers on emerging vehicle type.