Technology Trends in the News

Wed, 04/28/2021 - 10:27

Is telematics the right car insurance for you? – Yahoo

“Telematics car insurance is a way to track and score someone’s driving. If you have a telematics car insurance policy, the insurer will monitor your driving via a form of technology to assess how safe a driver you are. It will then use this information, alongside other factors, to decide how much to charge you for car insurance. This is in contrast to mainstream car insurance policies which calculate your insurance premium by either looking at your past driving record or making muchy broader assumptions about your driving based on your age and experience.”

 

On-demand auto telematics and the permissible use of data – Property Casualty

“To fully realize connected car data as a rating variable, you must also clear the same level of FCRA scrutiny. If an individual behind the wheel is operating the vehicle, we are not talking about the car anymore — we are talking about the consumer’s driving behavior.”

 

State Farm Research Addresses Safety Concerns Related to Flying Drones Over Moving Vehicles – Commercial UAV

“The value of drone technology is tied to the future ubiquity of it, as experts have long talked about how the technology needs to be positioned as just another tool to be utilized as needed in order to truly unlock that value. Getting there is a matter of knowing that drones are as safe to use as any of those other tools though, which is why the FAA is focused on being able to quantify that kind of safety. Thankfully, as a recent study conducted by State Farm at one of Virginia Tech’s impact labs shows, there’s hard data to make that safety case.”

As More Companies Shift Permanently To Remote Work, Midsize US Cities Need To Reshape Themselves To Woo Remote Workers – Business Insider

“For decades, cities have employed a model for economic development centered on luring corporations. Regions have competed to win manufacturing facilities, semiconductor fabrication plants, and company headquarters, often offering lucrative tax incentives for companies to move in. That formula for growth may now be turned on its head. It's not only companies that regions will woo, but the comfortably untethered workforce that gets to decide where it will work from. The carrot isn't a tax break for the company, but is instead amenities, quality-of-life, and culture for the worker. Employees with the option to work remotely are now deciding between the high cost-of-living and vast amenities offered by big cities and the affordability of smaller cities. In Microsoft's recent survey of 30,000 workers, 46% say they are likely to move now that they can work remotely. One in 20 Americans - or 5% of the US population - reported moving during the last year. This shift doesn't portend the death of cities, but it does mean that people have more choice.”

 


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