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airbags

The Takata airbag scandal raises important questions for insurers in this and other cases of recall. And how Big Data can be used for good.

BIScom Subsection: 

The global airbag scandal involving TAKATA airbags just won't go away. In Australia, BMW, GM Holden, Honda, Mitsubishi and Toyota have been trying to contact some 20,000 car owners to replace the defective equipment but have had no response. Now the government has stepped in. "do not drive these cars at all," it says.

This is mind-numbing.

According to the Australian Consumer and Competition Commission, since the announcement of the recall of Takata airbags, in Australia alone they are being replaced at an average of 4,000 per day.

It's not enough, they say.

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