Tuesday, September 24, 2013

Insurance News - Tuesday, September 24, 2013

Here are the leading auto insurance headlines from ONTARIO AUTO INSURANCE TOPICS ON TWITTER for Tuesday, September 24, 2013:
  • What would happen if your self-driving car was to cause a crash in Ontario? Under Ontario's current system you would be at-fault which is no different than if you caused a crash using your cruise-control but your insurer will pay.
  • While the first self-driving cars are coming soon, overcoming motorists’ distrust of them may be a challenge.
  • With insurers no longer able to use gender as a rating factor in calculating premiums under new EU regulations, the use of telematics to become critical.
  • Toronto Sun article suggests GISA numbers show Ontario’s auto insurers can easily afford a 15% reduction in premiums over 2 years.
  • NDP Leader Andrea Horwath accuses insurance industry of jacking up auto premiums.

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