rideshare News

Transportation Network Company Insurance Bill Passes Oklahoma Senate

A bill addressing the insurance requirements of transportation network companies (TNCs), or rideshare organizations, and their drivers has passed the Oklahoma Senate by an overwhelming majority vote of 40-3. SB 436, the Transportation Network Act of 2015, sets coverage requirements, …

Analyst: Taxi Medallions No ‘Safe haven’ in Wake of Uber

Uber, the popular ride-hailing app, is hitting taxicabs where it hurts: The medallion business. Taxi companies make money by charging drivers for medallions, or licenses to drive their cabs. In a note to investors last week, Jefferies analyst Sean Darby …

Negotiations in Arizona to Update Ridesharing Law Underway

A key lawmaker said talks she’s leading among taxi firms, rideshare companies such as Uber and insurers on an updated law regulating the new and growing rideshare industry are progressing. Rep. Karen Fann, chair of the insurance committee, said parties …

Lyft Joins Uber in Getting Final OK for Pennsylvania Service

Pennsylvania’s regulators say they’re satisfied with the plan by the ridesharing service Lyft to comply with conditions for a two-year license for experimental service to operate everywhere in the state except Philadelphia. The Pennsylvania Public Utility Commission said Thursday that …

N.J. Cab Drivers Want Ridesharing Firms to Face Taxi-Like Rules

Dozens of cab drivers lined the street outside the New Jersey Statehouse in Trenton and crammed a legislative hearing to protest ridesharing companies like Uber and Lyft. Drivers and their allies called on lawmakers to require those companies to follow …

Boston Taxi Owner Suit Latest Legal Salvo in Rideshare Wars

Taxi owners accused Boston officials of violating their constitutional rights by permitting Uber Technologies Inc. and other ride-sharing services to operate on city streets. The cabbies, in a lawsuit filed last Friday by the Boston Taxi Owners Association, fault the …

Farmers Introduces Rideshare Coverage in Colorado

Farmers Insurance is introducing the company’s first rideshare coverage endorsement in Colorado. The product is designed to provide drivers with the insurance coverage specified in Colorado’s new ridesharing law. Part of the new law includes a provision requiring rideshare drivers …

Idaho City Issues Cease and Desist Letter to Uber

Boise, Idaho officials say Uber ignored its promise to not charge for driver services within city limits while negotiating an operating agreement for the rideshare company. The city sent Uber a cease and desist letter Wednesday morning – the same …

Most Popular Insurance Journal Midwest Stories of 2014

The most popular InsuranceJournal.com news stories in the Midwest ranged from groundbreaking lawsuits to research into making people safer from storms. With an understanding that stories appearing later in the year have less time to rise to the top of …

Boston Uber Driver Charged With Raping Woman Who Sought Ride

A Boston man who works as an Uber Technologies Inc. driver was charged with taking a woman to a secluded area and raping her, as questions about the company’s driver-screening process prompted it to begin an assessment of its safety …