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Could Google Be Driving Into The Insurance Business?

  • Forbes, Tuesday, October 20, 2015 9:07 AM

Google said it will accept responsibility for any accidents resulting from a design flaw or component failure of its self-driving car. Blake Corbet, a managing director at PI Financial Corp. in Vancouver, B.C., says the subtext is Google eyeing the insurance game. “Google’s willingness to accept full liability for accidents involving its driverless cars is, in fact, a Trojan Horse into the multi-trillion dollar insurance industry.”

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