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Warren Buffett: Self-driving cars will upend car insurance

Billionaire investor predicts big long-term changes, praises Ralph Nader.

At least two prominent billionaires believe the arrival of self-driving cars will eventually spell the end of the auto insurance industry. Speaking on CNBC's "Squawk Box" on Monday morning, Warren Buffett and Bill Gates said they believe autonomous vehicles will upend car insurers.

Study
Pedestrian death rate jumps at fastest pace ever recorded

Despite efforts to eliminate fatalities, they're instead increasing at historic rates.

Pedestrian deaths are increasing at the fastest rate recorded since record keeping began more than four decades ago. Researchers project a 10-percent year-over-year increase in pedestrian deaths in 2015.

Followup
Not all are happy about government's new pact with auto industry

Former NHTSA Administrator: Safety Agreement Is 'Toothless'

Back in December, the Department of Transportation won a long-sought increase in the maximum fine it could levy against automakers who flouted federal safety standards. Lawmakers tripled the amount from $35 million to $105 million for each violation.

Video
New drunk-driving ads will play before Star Wars at theaters

Safety Advocates Trying To Thwart Drunks Before Start Of Holiday Season

Forget the new Star Wars movie. The Force awakening today might be law enforcement. Federal officials announced a renewed attempt Thursday to crack down on drunk drivers throughout the holiday season.

Featured
Traffic deaths inch lower, but federal officials forecast huge spike

Early Projections Show 8.1-Percent Increase in Fatalities In First Half Of 2015

In some respects, there's never been a safer time to ride in a car. The number of vehicle occupants killed in traffic accidents dipped to 21,022 in 2014, according to the federal agency that tracks the numbers. It's the lowest total since record-keeping began in 1975.

Study
It takes a village to raise a teen driver

Teens Need Guidance Beyond Parents While Learning To Drive

The number of teen drivers involved in fatal crashes has been halved over the past decade, but traffic collisions still remain the top cause of death for teenagers.

Opinion
Another Google self-driving car crash? Ho-hum

Focusing On Human-Caused Fender-Benders Misses The Point

Here we go again. Google reported Thursday another one of its self-driving cars was involved in a traffic accident earlier this month. The crash occurred near the company's Mountain View, Calif., headquarters July 1.

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How speed limits get set

FiveThirtyEight takes a look at how speed limits are set, and wonders whether a better system of setting speed limits and shepherding traffic safety could lead to fewer road deaths.

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