End of auto insurance as we know it?

If no one’s driving in an autonomous car, insurers will have to change their approach as it pertains to risk.

Dan Peate, a venture capitalist and entrepreneur in Southern California, was thinking of buying a Tesla Model X a few years ago — until he called his insurance company and found out how much his premiums would rise.

“They quoted me $10,000 a year,” Peate recalled.

For all the concern over accidents involving driverless cars, including Tesla’s troubles with its limited self-driving Autopilot mode, it’s easy to forget one of the supposed virtues of autonomous vehicles: that they will make the roads safer. A sophisticated array of lidar, radar and cameras is expected to be more adept at detecting trouble than our mortal eyes and ears. And computers never get drunk, check Tinder or fall asleep at the wheel.

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AV Monitoring Product Unveiled

Feb. 20, 2019—Dan Peate created Avinew, which is an insurance product that will monitor a driver's use of autonomous vehicle features on cars made by Nissan, Ford, Tesla and Cadillac and determine discounts based on how the feature is used, reported Insurance Journal.

Peate created the product with $5 million in seed funding led by Los Angeles' Crosscut Ventures. 

 Avinew has agreements with most manufacturers, and is working to tie up the rest, Peate said, allowing it to access driving data once a customer gives it permission. 

With more than 90 percent of accidents caused by human error, taking the driver out of the equation is going to mean big changes for insurers, according to the report.

BPSA Charges Ahead with New E-Bike Training

Boulder, CO: Following the successful launch of the Charged Upvideo staff training program in March 2017, the Bicycle Product Suppliers Association (BPSA) today released the second series on the Myagi training site. Here’s the link: https://myagi.com/s/chargedup2

Charged Up 2 presents five more training videos to shop staff and also includes a consumer-facing segment to be offered to retailers for their own sites through SmartEtailing, the NBDA, and several brands (Shimano, Giant, Raleigh Electric and CSG). See the first training video and the consumer video.  

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NFL OTs, Sharks vs. Capitals Thriller Results Lead First-Ever Thuuz Sports Monthly Most Exciting Rankings

New Monthly Leaderboard Will Quantify The Most Exciting Games Across Sports As Measured By Thuuz Propriety Excitement Measurement System

Feb. 5, 2019 / PRZen / PALO ALTO, Calif. -- Thuuz Sports, the most powerful automated video highlights production platform for worldwide sports, today announced a new monthly feature measuring the most exciting games across all broadcast sports events. Using their custom designed algorithms to measure real-time event excitement, Thuuz provides a unique look into what games have gotten fans the most excited and engaged as 2019 rolls along.  In January, two NFL League Championship overtime thrillers led the top ten, followed by the NHL matchup between the San Jose Sharks and Washington Capitals. The NBA's Oklahoma City Thunder and Houston Rockets were the only two teams to make it on to the list twice for the month, and two men's NCAA games also cracked the list.

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