Roughly three quarters of ridesharing drivers don’t have ridesharing insurance, and nearly eight-in-10 conduct their ridesharing activities covertly and keep their insurer or agent in the dark. Two informal polls from a popular Forbes blogger known as The Rideshare Guy …
Allstate has launched a “Ride for Hire” endorsement for qualified transportation network company drivers that will be available in four states – Colorado, Illinois, Texas, and Virginia – by the end of this year. The Allstate Ride for Hire endorsement …
In the rapid rollout of mobile app-based ridesharing services that compete with traditional taxicabs and other urban transportation, taxi businesses have bristled over the higher insurance costs they must bear compared to what drivers for Uber, Lyft, Sidecar and other …
GEICO has rolled out a new product to meet the insurance coverage needs of ridesharing drivers in Virginia. The product, available now to new and existing customers, covers drivers that Uber (UberX and UberXL), Lyft, Sidecar and others have approved …
The insurer that ridesharing service Uber Technologies Inc. uses to protect drivers and passengers is going public, promoting how it’s more willing than competitors to invest in junk-rated loans. James River Group Holdings Ltd. outlined its strategy this way in …
