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Self-driving cars: bumpy ride for insurance industry?

Every industry has its doomsday scenario. Usually it involves technology.

The 19th century textile industry’s apocalyptic fears revolved around the mechanical loom, which threatened to put weavers out of work by automating their jobs. The horse-and-buggy trade was terrified of Henry Ford’s Model T.

For today’s auto insurers, the harbinger of doom is the self-driving car.

By Kristen V. Brown

Full Story: http://www.sfgate.com/business/article/Self-driving-cars-bumpy-ride-for-insurance-6195316.php

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