commercial auto insurance News

Uber, Lyft, Sidecar Toe-to-Toe With Insurers State-by-State

The share-and-share-alike attitude considered a virtue by some has the potential to create a rift between between ridesharing companies and insurance companies. “We try not to make it a battle,” said Robert Passmore, senior director of personal lines for the …

Commercial Auto Insurers Still Struggle to Profit: Fitch

Commercial automobile insurers reported a third consecutive year of underwriting losses in 2013. According to an analysis by Fitch Ratings, the combined ratio came in at 106 for 2013 compared with 107 for 2012. In a special report, “Commercial Auto …