US EditionWarren Buffett’s Gold Blind Spot
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Warren Buffett and Berkshire Hathaway insurance VP say autonomous vehicles will change insurance market
As autonomous vehicles become more common in the future, vehicle insurance will likely have to shift from personal liability, Ajit Jain, Berkshire Hathaway, vice president of insurance said during the company’s annual meeting earlier this month. The Warren Buffett company owns GEICO, which Jain said is already working on a switch from providing insurance for operator error to an insurance that focuses on “errors and omissions” made during the m…
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