Car insurance news 2017

Here are some notable car insurance news stories from 2017:

  1. Olympic Insurance Premiums Rise: In the lead-up to the 2017 Winter Olympics in Pyeongchang, South Korea, insurance premiums for athletes and teams increased due to concerns over terrorism and other risks. (Source: Insurance Business Magazine)
  2. Self-Driving Car Insurance: As autonomous vehicles became more prevalent, insurance companies began to develop specialized policies to cover the unique risks associated with self-driving cars. (Source: Forbes)
  3. Rise of Usage-Based Insurance: Telematics-based insurance, which tracks driver behavior and adjusts premiums accordingly, gained popularity in 2017. (Source: Insurance Journal)
  4. Hurricane Harvey Insurance Claims: In the aftermath of Hurricane Harvey, which devastated parts of Texas and Louisiana, insurance companies faced a surge in claims, with some estimates suggesting that the total cost of damages could exceed $100 billion. (Source: CNN)
  5. California's Autonomous Vehicle Insurance Requirements: California became the first state to require insurance companies to offer coverage for autonomous vehicles, which are expected to become more common on roads in the coming years. (Source: The Verge)
  6. Insurance Industry's Response to Cyber Attacks: As cyber attacks became more frequent, insurance companies began to develop specialized policies to cover the risks associated with data breaches and other cyber-related incidents. (Source: Insurance Business Magazine)
  7. Rise of Ride-Sharing Insurance: As ride-sharing services like Uber and Lyft became more popular, insurance companies began to develop specialized policies to cover the unique risks associated with these services. (Source: Insurance Journal)
  8. Florida's No-Fault Insurance Reforms: Florida passed a law reforming its no-fault insurance system, which was designed to reduce insurance costs and improve the state's auto insurance market. (Source: Insurance Journal)
  9. Insurance Industry's Response to Natural Disasters: In 2017, the insurance industry faced a series of natural disasters, including hurricanes, wildfires, and earthquakes, which led to a surge in claims and a re-evaluation of risk assessment and pricing strategies. (Source: Insurance Business Magazine)
  10. Artificial Intelligence in Insurance: The insurance industry began to explore the potential of artificial intelligence (AI) to improve risk assessment, claims processing, and customer service. (Source: Insurance Business Magazine)

These are just a few of the many car insurance news stories from 2017. If you're looking for more information on a specific topic, feel free to ask!