Waymo is using insurance data to make the case that its self-driving cars are safer than human drivers. The report, a result of the collaboration first announced last year between the Alphabet-owned company and the insurer Swiss Re, is intended to show how driverless vehicles crash less often and damage less property than human-driven vehicles.
Tag: auto claims
Report on Auto Insurance Trends Offers Key Insights to Drive Profitability
The annual LexisNexis® Risk Solutions Auto Insurance Trends Report explores how trends in U.S. consumer auto insurance shopping, driving violations, claims frequency and severity, vehicle safety features and more are impacting the auto insurance policy lifecycle from quote to underwriting to claims.
Travelers Profit Falls 20% on Hurricane Ida, Auto Claims
Property-casualty insurer Travelers Cos. posted a 20% decline in net income in the third quarter, weighed down by storm damage and car-wreck related claims. Travelers is among the largest issuers of insurance to U.S. businesses, and it sells car and home insurance to individuals and families. Analysts’ estimates of Hurricane Ida’s late summer industrywide damage… Continue reading Travelers Profit Falls 20% on Hurricane Ida, Auto Claims