Over the past 18 months, U.S. auto insurers have expressed renewed interest in usage-based insurance as consumers become more comfortable with the concept. Some U.S. insurers are seeing...
Usage-based Insurance (UBI) is an innovative type of vehicle insurance that calculates insurance costs based chiefly on the vehicle used. Usage based Insurance allows insurance carriers to monitor...
The idea of usage-based insurance, or using data on driver behavior to price auto insurance, has been around almost as long as the industry itself. The difference between...
Usage-Based Insurance (UBI) is a recent innovation by auto insurers that more closely aligns driving behaviors with premium rates for auto insurance. Mileage and driving behaviors are tracked...
While the next generation of cars will usher in new embedded computers that offer exciting comfort, performance, safety and entertainment applications, cybersecurity engineers are challenged to retain reliability...
U.S. Transportation Secretary Elaine Chao said on Sunday she was reviewing self-driving vehicle guidance issued by the Obama administration and urged companies to explain the benefits of automated...
The Senate is planning to craft legislation aimed to facilitate the development of autonomous vehicle technology. Notably, the US Congress was also apprised by the Executives from leading automaker of the...
Liberty Videocon General Insurance is to launch a new telematics project to track user behaviour. In a pay-as-you-drive concept, this will allow policyholders to get better pricing on...
The Global Automotive Telematics Market is poised to grow at a CAGR of around 29.1% over the next decade to reach approximately $180.4 billion by 2025. This industry report...
Drivers who make calls at the wheel could find that their insurance premiums rocket under plans by insurers to monitor illegal calls and texts made while driving. Existing “telematic”...
