IIHS Statistical Guru: Reducing Speed is Smart Risk Management

(+3 rating, 3 votes)

Loading...

3,767 views

---

Speed kills. For every 5 mph increase there's an 8 percent increase in fatality risk, according to Charles Farmer, vice president in research and statistical services for the Insurance Institute for Highway Safety. Farmer was at a risk management conference in Las Vegas recently to talk about vehicle technology and its effects on the commercial and personal auto markets. But he couldn't help offering up some stats on his pet peeve: speeding.

Other videos you might like:

• EP. 48: Learning to Time Travel: Why Insurers Should Embrace Both the Future and the Past
• EP. 46: Deeper Roots: How the Latino Community Is Strengthening the Cyber Insurance Workforce
• EP. 44: Part 2 – What the COVID-19 Digital Threat Landscape is Teaching Insurers Post-Roe
• EP. 32: Education Providers Face Challenges With Growth in Cyber Threats, Insurance Costs