telematics News

Tesla Insurance Will Seek to Use Driver Video, GPS Data

Tesla Inc.’s use of individual customer data, such as vehicle camera footage and GPS, to price its new insurance products will depend on drivers’ authorization and individual U.S. state laws, a senior company executive said on Wednesday. “The data is …

Fitch: Technology Needed to Reverse Commercial Auto’s Dismal Performance

The commercial auto line hasn’t returned an underwriting profit for eight years now. Growing claim severity is a big part of the problem. Advanced technology needs to be a part of the solution, according to a report released Tuesday by …

GEICO Gets Progressive, Joins Auto Insurers Offering Telematics

Berkshire Hathaway’s GEICO auto insurer has joined the ranks of carriers using telematics to track and improve driver behavior—after resisting for years. GEICO has been one of the few among the top 10 largest personal auto insurance carriers without a …

State Farm Moves Auto Telematics into ‘Real Time’

The nation’s largest insurer has stepped up its investment in telematics, announcing this week an upgrade to its usage-based insurance program that allows policyholders to check on their driving habits trip-by-trip instead of waiting for a periodic score card. State …

Google Glass Finds a New Home at the Factory

Remember Google Glass? The vaunted debut of the company’s computerized eyewear six years ago was one of Silicon Valley’s more spectacular flops. Deemed too awkward and pretentious, early users were disparaged as “glassholes” by a critical public. Parent company Alphabet …

Insurers Dabbling with Smart Home Tech, but No Winning Model has Emerged

An instinct for self-preservation has carriers dipping their toes into the smart home technology space, but no U.S. insurer has taken a full plunge so far. The industry hasn’t settled on how it should get devices such as water-leak detectors …

Design Flaws Create Security Vulnerabilities for ‘Smart Home’ Internet-of-Things Devices

Researchers at North Carolina State University have identified design flaws in “smart home” Internet-of-Things devices that allow third parties to prevent devices from sharing information. The flaws can be used to prevent security systems from signaling that there has been …

Insurers Know Exactly How Often American Drivers Touch Their Phones

The distracted driving report by Zendrive, a traffic-data startup, makes it clearer and clearer each year that millions of Americans can’t stop themselves from talking, texting and livestreaming—yes, even using FaceTime—while driving. The results have been increasingly unsettling, showing that …

Edmunds: Safety Tech is Making Auto Repairs More Costly

Vehicle safety technology continues to evolve at a rapid pace. Today’s cars can watch your blind spot, help keep you in your lane, automatically hit the brakes in an emergency, and more. But while the technology helps prevent accidents, there …

Volvo Plans to Equip Cars with Sensors to Stop Drunk or Dangerous Drivers

Volvo Cars is planning to fit its next generation of autos with cameras and sensors that will detect drunk or distracted drivers and intervene to stop dangerous rides. From the early 2020s, Volvos will have the ability to notice if …