Technology has increased in scope in almost every aspect of our lives in the past several years. A growing number of people live their lives online whether that involves shopping, paying bills, or engaging in social media.
Many, if not most, of those advances in technology have insurance implications. Insurers, regulators, and legislators are constantly working to make sure that insurance laws and insurance products keep pace with a world that is changing rapidly.
Below are some information resources for those who would like to learn more about several aspects of the impact of technology on insurance.
Sharing Economy/Rental Cars:
- Sharing Economy (NAIC)
This link provides a brief overview of several aspects of the sharing economy. - Ride-sharing and Insurance: Q&A (III)
III provides everything you need to know about coverage for TNCs. - Peer-to-peer Home Rental (III)
III helps you understand the implications of renting your home to strangers. - Rental Car Insurance (III)
Click here for insurance tips when renting a car, whether from a rental company or from a car-sharing service.
Autonomous (Self-Driving) Cars:
- Background on: Self-Driving Cars and Insurance (III)
This link to the III website takes you to the latest on insurance considerations related to self-driving cars. - Insurance and the Evolution of Automated Driving Systems (NAMIC)
This link leads to NAMIC’s report on insurance issues related to automated driving systems.
Identity Theft:
- Facts + Statistics: Identity theft and cybercrime (III)
This link to the III website takes you to the latest on identity theft and cybercrime.