gig economy News

Toyota’s $1B Investment in Ride-Hailer Grab Opens Door to Data-Driven Insurance

By pumping $1 billion into ride-hailing firm Grab, Toyota Motor Corp. stands to gain a passenger-side view of tens of thousands of cars across Southeast Asia, tracking how fast they drive, how far they travel and the time they spend …

Sizing Up the Gig Economy

Look around, and it seems more Americans are working outside traditional full-time jobs — whether as freelance graphic designers or independent contractors or Uber drivers. Or maybe not. A government report this week suggested that the proportion of such jobs …

Gig Worker Population Not as Big as Expected. Maybe.

The share of American workers in the “gig economy” has shrunk since 2005, according to a government report that some data-watchers cautioned omits key parts of the picture. The Labor Department on Thursday said that 10.1 percent of American employees …

Growing Gig Economy in Search of Health Insurance Options

There are plenty of problems lurking on America’s career ladder, but here is a big one: our healthcare systems are designed for the workforce of 1950. If you have a lifetime corporate 9-to-5 gig, then you probably have group health …

Uber Drivers Are Not Employees Under Federal Law, Judge Rules

A U.S. judge in Philadelphia has ruled that limousine drivers for Uber Technologies Inc. are independent contractors and not the company’s employees under federal law, the first ruling of its kind on a crucial issue for the ride-hailing company. U.S. …

Chubb Invests in Startup Bunker to Develop Gig Worker Insurance

Bunker and Chubb are working together to develop new insurance products focused on freelance workers. Chubb has also become a minority investor in Bunker, committing at least $2 million to the startup digital broker and its focus on the small …

Ride-Hailing Firm Grab Aims to Be Major Financial Services Player in SE Asia

After gaining success in ride-hailing, Grab co-founder Anthony Tan is pushing his startup into a new challenge: catering to those under-served by traditional financial institutions in Southeast Asia. Tan, together with GrabPay Southeast Asia Managing Director Jason Thompson, laid out …

U.S. Judge Rules ‘Gig Economy’ Driver Is Independent Contractor

A U.S. judge in San Francisco on Thursday said a former Grubhub Inc. delivery driver was an independent contractor and not the company’s employee, in the first case of its kind against a “gig economy” company that went to trial. …

EU Court Rules Uber Should Be Regulated as Transport Firm, Not an App

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 economy. The EU Court of Justice …

Uber’s Food-Delivery Business to Provide Insurance for Couriers in Europe

Uber’s food-delivery business will begin offering an insurance package to its couriers in Europe, a move to address the conditions of “gig economy” workers. Riders for food-delivery companies such as Uber Eats and Deliveroo are typically self-employed and the firms …