Warren Buffett blames smartphones for an increase in auto fatalities—and a decline in Geico profits (Barron’s)

Some highlights:
He (Mr. Buffett) points to drivers using their phones behind the wheel or otherwise not paying attention to the road. “Distracted driving…was listed for about 10% of the deaths in 2014,” Buffett told CNBC two weeks ago. “I’ll bet that number went up a fair amount.”

Buffett noted that deaths per 100-million-miles driven also increased. The auto insurer Geico, owned by Buffett’s Berkshire Hathaway, saw its underwriting profit more than halve last year as the frequency of auto accidents went up.

http://www.barrons.com/…/buffett-takes-aim-at-texting-and-d…

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