A foam cutout of a child is used in a rear end sensor test. Source: Insurance Institute for Highway Safety
Self-driving vehicles are causing the auto insurance industry to experience a Napster moment. Like record companies at the dawn of online music file sharing, Allstate, Geico, State Farm, and others are grappling with autonomous vehicle innovations that could put a huge dent in their revenue. As carmakers explore driverless cars and more automation, accidents will likely plunge and car owners will need less coverage.
BloombergBusiness article here