Latest Automation Optimization Headlines

All the headlines from our Automation Optimization Topic Page, ordered by recency.

Manufacturing’s Share of Workers’ Comp Premium Is High Relative to Exposure: NCCI

May 15 2017 // In 2016 in the United States, the manufacturing sector produced nearly 72 percent more goods than in 1990, but manufacturers achieved that milestone with only about 70 percent of the workers that were on factory floors two...

State Regulators Scrutinizing Use of Premium Caps in Insurance Rating

Apr 20 2017 // Concerns over price optimization are leading regulators to think carefully about the implications of longstanding practices in insurance rating, including premium “caps” on policy renewals for individuals,...

Robots Could Steal 32% of Jobs in UK Financial Services by 2030: PwC

Mar 24 2017 // Approximately 32 percent of existing UK jobs in financial services and insurance could be automated by robotics and artificial intelligence (AI) over the next 15 years, according to a new study by...

Trump Administration Reviewing Obama’s Autonomous Vehicle Guidance

Feb 27 2017 // U.S. Transportation Secretary Elaine Chao said on Sunday she is reviewing self-driving vehicle guidance issued by the Obama administration and urged companies to explain the benefits of automated vehicles to a skeptical...

Staying Alive: Cutting U.S. Highway Death Rate to Zero

Feb 27 2017 // In the near future, the U.S. should be able to prevent thousands, and perhaps tens of thousands, of deaths on the roads and highways. The Department of Transportation has proposed a Road to Zero — the elimination of...

Snoozing While Cruising Argues for Full Autonomy in Vehicles

Feb 21 2017 // As Ford Motor Co. has been developing self-driving cars, the U.S. automaker has started noticing a problem during test drives: Engineers monitoring the robot rides are dozing off.Company researchers have tried to roust the...

How to Grow Your Insurance Agency in 2017

Jan 23 2017 // Growing a successful agency isn’t always easy in today’s world. While you likely created a business plan when you first launched your insurance agency, you might not have looked at it recently. As the insurance...

Investigation Concludes Tesla Not at Fault in Self-Driving Car Crash

Jan 20 2017 // The push to bring self-driving cars to American roads got a significant boost on Thursday when the nation’s chief auto safety regulator essentially cleared Tesla Motors Inc.’s Autopilot system of fault in a...

Apple Urges Regulators to Go Easy on Autonomous Vehicle Testing

Dec 6 2016 // Apple Inc. is wading in to the debate over regulation of self-driving cars, declaring it is excited about the potential for automated transportation and calling on U.S. regulators not to restrict testing of such vehicles.A...

PCI Viewpoint: Role of Government in Automated Driving Revolution

Dec 6 2016 // The following is the viewpoint of the Property Casualty Insurers Association of America (PCI) submitted to a subcommittee of the Senate Appropriations Committee at a Nov. 16 hearing on “The Automated &...

ACORD CEO Pieroni on the Industry’s Digital Transformation

Dec 5 2016 // Bill Pieroni, CEO of ACORD, is on a mission — not to “push” the industry toward digital transformation but rather to marshal its inherent strengths and enable carriers, agents and brokers to implement...

Who Pays When Driverless Cars Crash? UK Insurers Call for Int’l Standards

Nov 22 2016 // Cars of the future will need to collect a basic set of core data to prevent drivers being unfairly blamed if technology goes wrong, according to the Association of British Insurers (ABI).The ABI supports the formation of...

Safety Advocates Frustrated that Accident-Prevention Technologies Remain Optional

Nov 15 2016 // Computerized sensors that warn drivers they’re about to rear-end another vehicle or prevent other types of accidents are available on models made by every major auto manufacturer.The problem, according to a U.S....

Obama Onboard with Road Testing of Autonomous Vehicles

Sep 27 2016 // Automated cars have the backing of President Barack Obama, who’s signed off on what’s largely been a hands-off approach to regulating the burgeoning industry, U.S. Transportation Secretary Anthony Foxx said.The...

Tech Talk: Digital Transformation 2.0

Sep 19 2016 // The just released Insurance Digital Transformation Study (available at www.insurancedigitalrevolution.org) sheds light on why agents struggle with adapting to digital technology. As we have discussed extensively, agents...

How Monsanto’s Climate Unit Is Changing Risk Profile of Farmers

Aug 25 2016 // It caught my eye when Monsanto Co. subsidiary Climate Corp. announced last week it was creating the “Industry’s First In-Field Sensor Network” and “the first Centralized Platform” digital...

Safety Board Finds Automated Tesla Involved in Crash Was Speeding

Jul 27 2016 // Federal investigators probing the deadly wreck in Florida of a Tesla car that was using automated driving technology have found that the vehicle was speeding when it hit a truck.The U.S. National Transportation Safety...

Autopilot Warning May Not Help Tesla in Crash Defense

Jul 18 2016 // Telling Tesla drivers its Autopilot feature doesn’t mean their cars can drive themselves may not be enough to keep Elon Musk off the hot seat if the technology comes up short.This month, two Teslas equipped with...

Probe of Tesla Crash to Address Broader Safety Issues of Automation in Cars

Jul 11 2016 // For years, U.S. investigators have been calling for more automation on motor vehicles, such as sensors that slam on the brakes to prevent a crash.At the same time, the National Transportation Safety Board, in its probes of...

Virginia Reminds Insurers: Rates Must Be Cost-Based

May 23 2016 // Virginia Insurance Commissioner Jacqueline Cunningham has issued an administrative letter reminding insurers to review the rate standards outlined in Virginia Code §38.2-1904 to ensure compliance.Cunningham also noted...