Will Driverless Cars ‘Eviscerate’ Insurance Industry?

That's the take of Meyer Shields, managing director and analyst for investment firm Keefe Bruyette& Woods. Still, some major carriers, including State Farm, Geico and Northbrook- based Allstate, aren't active on those channels. "This sort of platform has been incredibly successful in the U.K., but much less so in the U.S.," he said.

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