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Auto Insurers Should Be Planning for Autonomous Car Changes
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Changes in ownership, coverages and the way claims are evaluated are just a few of the ways self-driving cars will impact the auto insurance industry, says Jared Smollik, actuarial director of personal auto product development for Verisk Insurance Solutions. Though there is expected to be a transition period, Smollik says auto insurers need to begin planning for autonomous vehicles sooner rather than later.
