Re:Driverless Cars Threaten to Crash Insurers’ Earnings
by hx87 on Tuesday July 26, 2016 @01:37PM
(#12167345)
Shouldn't the drop in revenues be balanced by the decrease in payouts?
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Re:Driverless Cars Threaten to Crash Insurers’ Earnings
by dsfyu404ed on Tuesday July 26, 2016 @01:41PM
(#12167370)
What they get from the customer covers operating costs and payouts. Insurance makes money by investing that mountain of cash. Smaller mountain, smaller profit.