By now, you’ve probably heard some of the hype surrounding self-driving cars; from Elon Musk’s vision of the future to the numerous concerns from lawmakers. The autonomous car will drive down the costs of transportation as we will no longer need people behind the wheel of taxis, Ubers, or buses. The technology will also eliminate the need for parking garages since drivers can send their cars home when not in use. While that seems like a distant vision; carmakers are surprisingly close to bringing autonomous cars to market, and for business owners and insurers alike, they couldn’t come sooner.

If your business has any sort of fleet of autos you are probably keenly aware of the insurance industry’s ongoing struggle with commercial auto insurance. Insurance companies have been consistently raising auto rates across their commercial books and businesses, especially in the transportation industry, have felt the effects.

In today’s rapidly changing, 'disruption' economy it can be tough to discern whether you are infringing on another’s intellectual property as processes are constantly improving and changing. Finding out the hard way can be a costly mistake. According to the American Intellectual Property Law Association, intellectual property lawsuits cost an average of $4.4 million between defense costs and potential damages. This is problematic as, chances are, every company uses intellectual property at some point in their operations or supply chain and may not even realize it. It should then be alarming that coverage for intellectual property infringement is specifically excluded in the Personal and Advertising Injury part of the Commercial General Liability Policy. Companies are then left with a severe, uninsured exposure that they may not even know they have.