Could Iowa Lead the Way in Driverless Car Technology? - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Advertise
    • Contact
    • Editorial Staff
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
July 15, 2014 Newswires
Share
Share
Tweet
Email

Could Iowa Lead the Way in Driverless Car Technology?

PR Web

Iowa City, Iowa (PRWEB) July 15, 2014

Working with the State of Iowa, the Iowa City Area Development (ICAD) Group is spreading the message that the state of Iowa can be a haven for research and development of self-driving vehicles.

Representatives from ICAD Group and the Iowa Economic Development Authority (IEDA) are in California attending the Automated Vehicle Symposium in San Francisco, July 15 to 17. The goal is to learn more about the industry and grab the attention of companies like Google, Tesla and Volvo.

According to Mark Nolte, President of the ICAD Group, all indications are the next major transformational technology to jump onto the scene is in the transportation space. "The next advancement is the movement to autonomous vehicles and the race for commercialization has become intensified," said Nolte. "The automakers are racing not only to keep up with each other, but new outside players such as Google."

The Iowa contingent has multiple assets to tout. Iowa City is home to the University of Iowa and the National Advanced Driving Simulator. Numerous Iowa companies have pioneered similar systems for agricultural vehicles, aerospace and defense. Presently, ICAD Group is working with IEDA to map those assets that exist in Iowa.

"Iowa has the potential to be a major player in this emerging industry," added Nolte. "This technology has major implications for the many insurance and logistics companies headquartered in our state."

Through meetings, presentations and demonstrations in San Francisco, representatives from ICAD Group and IEDA hope to illustrate five areas where Iowa can play a key role in this industry:• First and foremost, the National Advanced Driving Simulator, and a highly-skilled and educated workforce working in the driving research field,

   •  Eastern Iowa's central location, proximity to major metropolitan areas, and road infrastructure has made it a strategic location for industry leading trucking companies,
   •  Past experience and success in advancement and new discoveries in driverless technologies, specifically within the fields of avionics, defense and agriculture,
   •  A nascent IT and software community, specifically in the fields of simulation, sensor technology and artificial intelligence,
   •  And, a mix of terrain, road surfaces, and weather.

Much of ICAD Group's work to date was recently reported by Sarah Binder of WeCreateHere.net.

Within her story, Binder recounts her discussions with Daniel McGehee, who has studied driving technology for over twenty years and is the Director of the Human Factors and Vehicle Safety Research Division at the University of Iowa.

In addition to Iowa's four seasons and various road surfaces, McGehee says what the industry needs right now is repetition. ""Really, what all these companies need now is mileage," said McGehee. "The more the cars drive, the more they see, it makes them more intelligent."

ICAD Group started this initiative in March and continues to meet with multiple partners throughout Eastern Iowa, and the state, to find consensus on the next steps for this burgeoning industry. Working with local and county governments, the state department of transportation, local business and automotive partners, Iowa could be the first state to go beyond limited testing.

"Along with the primary goal of safety, Iowa could reap significant economic impact and job creation by positioning itself as a leader in the testing, research and implementation of autonomous vehicle systems," said Nolte.

Read the full story at http://www.prweb.com/releases/2014/07/prweb12019078.htm

Copyright:  (c) 2014 PRWEB.COM Newswire
Wordcount:  551

Older

Homeowners With Multiple Hail Claims, Lose Insurance

Advisor News

  • Take advantage of the exploding $800B IRA rollover market
  • Study finds more households move investable assets across firms
  • Could workplace benefits help solve America’s long-term care gap?
  • The best way to use a tax refund? Create a holistic plan
  • CFP Board appoints K. Dane Snowden as CEO
More Advisor News

Annuity News

  • $80k surrender charge at stake as Navy vet, Ameritas do battle in court
  • Sammons Institutional Group® Launches Summit LadderedSM
  • Protective Expands Life & Annuity Distribution with Alfa Insurance
  • Annuities: A key tool in battling inflation
  • Pinnacle Financial Services Launches New Agent Website, Elevating the Digital Experience for Independent Agents Nationwide
More Annuity News

Health/Employee Benefits News

  • Idaho is among the most expensive states to give birth in. Here are the rankings
  • Some farmers take hard hit on health insurance costs Farmers now owe a lot more for health insurance (copy)
  • Providers fear illness uptick
  • JAN. 30, 2026: NATIONAL ADVOCACY UPDATE
  • Advocates for elderly target utility, insurance costs
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Credit Ratings of Etiqa General Insurance Berhad
  • Life insurance application activity hits record growth in 2025, MIB reports
  • AM Best Revises Outlooks to Positive for Well Link Life Insurance Company Limited
  • Investors holding $130M in PHL benefits slam liquidation, seek to intervene
  • Elevance making difficult decisions amid healthcare minefield
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

LIMRA’s Distribution and Marketing Conference
Attend the premier event for industry sales and marketing professionals

Your trusted annuity partner.
Knighthead Life provides dependable annuities that help your clients retire with confidence.

What if Your FIA Cap Didn’t Reset?
CapLock™ removes annual cap resets for clearer planning and fewer surprises.

Press Releases

  • Financial Independence Group Marks 50 Years of Growth, Innovation, and Advisor Support
  • Buckner Insurance Names Greg Taylor President of Idaho
  • ePIC Services Company and WebPrez Announce Exclusive Strategic Relationship; Carter Wilcoxson Appointed President of WebPrez
  • Agent Review Announces Major AI & AIO Platform Enhancements for Consumer Trust and Agent Discovery
  • Prosperity Life Group® Names Industry Veteran Mark Williams VP, National Accounts
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Advertise
  • Contact
  • Editorial Staff
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet