The Washington Examiner reports on the challenges self-driving vehicles pose to the existing auto-insurance system. Cathy Seifert, an analyst with CFRA Research, noted that according to NHTSA, 94 percent of accidents are blamed on human mistakes. However, Seifert added that the move towards self-driving systems is likely to shift that responsibility to carmakers. She said, “While this change has dramatic implications for the insurance industry and society as a whole, managing it is a challenge for insurers, and the stakes are high.”
From the news release of the American Association for Justice.