House committee considers impact of autonomous vehicles on insurance models
The U.S. House of Representatives Committee on Financial Service Subcommittee on Housing and Insurance held a hearing on May 23 titled “The Impact of Autonomous Vehicles on the Future of Insurance.” The hearing focused on the relationship between insurance companies, autonomous vehicle developers and government entities in adapting to the challenges associated with the market penetration of autonomous vehicles. David Carlson, U.S. Manufacturing and Automotive Practice Leader at Marsh & McLennan; Ryan Gammelgard, Counsel for State Farm’s Public Policy Resource Group; Sam Geraci, Vice President for Strategy at American Family Mutual Insurance Company; Ian Adams, Assistant Vice President at the R Street Institute (a non-partisan public policy research institution); and Jack Gillis of the Consumer Federation of America participated in the hearing.
