Latest Commercial Auto Headlines
All the headlines from our Commercial Auto Topic Page, ordered by recency.
Honolulu Bills Aimed at Taxi, Ridesharing Companies
Jun 25 2018 // Officials in Honolulu, Hawaii are introducing two bills that would make regulations on traditional taxicab companies more in line with regulations on ridesharing companies. Taxi companies such as Charley’s, The Cab...
Fitch Sees Small Profit But Still Negative on U.S. Commercial Lines Outlook
May 18 2018 // After a tumultuous 2017, the U.S. commercial lines market should eke out a small underwriting profit in 2018 assuming catastrophe losses return to more historical norms, Fitch Ratings said in a new report. Still, Fitch is...
Commercial Auto Insurers Catching Up with Telematics
May 17 2018 // Though adopted early by personal lines insurers, telematics technology is just coming into its own in the commercial auto space. Powered by InsuranceJournal.tv According to Zach Schmiesing, director, Commercial Lines,...
Charter Bus Carrying High School Chorus Crashes in South Carolina, 17 Injured
May 1 2018 // Authorities say 17 people were hurt, two seriously, when a charter bus carrying a high school chorus team crashed in South Carolina. Colleton County Fire-Rescue Chief Barry McRoy tells WCIV-TV the crash happened early...
U.S. Transportation Agency Sets Process for Approval of Drone Taxis
May 1 2018 // On-demand robotic flying taxis and drone deliveries are years away from reality, but the U.S. Department of Transportation has removed at least one barrier to their operation. Responding to work by companies including...
Three Men Sentenced in Delaware Murder-For-Hire Scheme
Apr 23 2018 // Three men found guilty in a murder-for-hire scheme in Delaware have been sentenced. News outlets report 46-year-old Ryan Shover, 53-year-old Michael Kman and 55-year-old Paul Disabatino are the last of four men sentenced...
Ryder Rolls Out Commercial Vehicle Sharing Program
Mar 27 2018 // The sharing economy is coming to the truck rental industry. Truck leasing and rental firm Ryder System is launching an online sharing platform that offers fleet owners with idle vehicles the opportunity to rent their...
Conviction Stands for Delaware Murder-for-Hire Mastermind
Mar 22 2018 // Delaware’s top court has denied the appeal of the man convicted of masterminding the murder-for-hire killings of his business partner and the partner’s wife. The News Journal reports the Delaware Supreme Court...
California Utilities Commissioner Wants to Regulate Uber Like Tour Buses, Limos
Mar 20 2018 // Uber Technologies Inc. should be classified as the same type of transportation as limousines and tour buses, a California regulator said on Monday in a proposal that could change how the ride-hailing company is regulated...
Uber Drivers in Turkey Fear for Lives After Alleged Attacks by Traditional Cab Drivers
Mar 20 2018 // An Uber driver keeps a metal rod close at hand during his daily drives through Istanbul. Alarmed by violent attacks in recent weeks allegedly carried out by angry yellow cab drivers who want Turkey to ban the ride-hailing...
Uber, Lyft and New York Loss Transfer
Mar 13 2018 // Ridesharing has officially arrived in New York, and confusion over New York no-fault insurance and PIP Loss Transfer has arrived with it. On June 29, 2017, the New York State Assembly approved and Governor Andrew Cuomo...
Why Driverless Delivery of Goods Is Likely to Arrive Before Passengers
Mar 13 2018 // In the wait for self-driving technology, cell-phone toting tech bros may have to cede their spot in line to pizzas, Craigslist couches and the mounting ephemera of e-commerce. The future—at least in the near-term—will...
Commercial Insurance Prices Were Up Only Slightly in Q4
Mar 13 2018 // Prices for overall commercial insurance lines in the U.S. inched upward in the fourth quarter of 2017, although workers’ compensation and directors and officers liability prices actually declined and commercial auto...
Liberty Mutual Net Income Fell in 2017 Due to Catastrophes, Commercial Auto, Taxes
Feb 28 2018 // Liberty Mutual reported $17 million in net income for 2017, down substantially from more than $1 billion in 2016. The insurer pointed to catastrophe losses, adverse development in its commercial automobile business and a...
Man Convicted of Murder-for-Hire Scheme in Delaware
Feb 5 2018 // A man has been convicted in a murder-for-hire scheme in Delaware. The state’s justice department says a jury has convicted Ryan Shover of York, Penn., of first-degree murder and other charges in the 2013 slaying of...
Still an Uphill Climb for Commercial Auto Market
Feb 5 2018 // The difficult job of moving commercial auto insurance to a profitable place has not gotten any easier. More vehicles on the road thanks to a rebounding economy, more miles driven, distracted drivers and...
Commercial Automobile Remains Sore Spot in P/C: A.M. Best
Jan 19 2018 // The performance of the commercial automobile segment continued to deteriorate through third quarter 2017, according to a new A.M. Best report. Commercial auto has been a sore spot in the property/casualty for several...
GM Seeks OK for Self-Driving Commercial Vehicle Without Steering Wheel for 2019
Jan 12 2018 // General Motors Co. is seeking U.S. government approval for a fully autonomous car – one without a steering wheel, brake pedal or accelerator pedal – to enter the automaker’s first commercial ride-sharing...
EU Ruling Upholding Taxi Rules for Uber a Contrast to U.S. Approach
Dec 22 2017 // A European Union decision to treat Uber Technologies Inc. like a taxi company spotlights a trans-Atlantic divide over how governments cope with disruptive technologies and could embolden U.S. cities to restrict the...
EU Court Rules Uber Should Be Regulated as Transport Firm, Not an App
Dec 20 2017 // Uber Technologies Inc. suffered a defeat when the European Union’s top court ruled its ride-hailing service should be regulated as a transport company, a decision that could set a precedent for the burgeoning gig...
