April 14, 2014
Legislation creating rules for unregulated rideshare companies such as Uber, Lyft and Sidecar is moving through the Illinois Legislature. House lawmakers voted to put regulations on commercial ridesharing with an 80-26 vote. Under HB 4075, all drivers would be required …
April 9, 2014
Transportation Network Companies like Uber, Lyft and Sidecar should bear the insurance burden when they encourage drivers to use their personal vehicles to transport passengers for a profit, according to recommendations made Wednesday from California Insurance Commissioner Dave Jones. Jones’ …
April 9, 2014
Updated story: California Commissioner Wants Insurance Burden on Ridesharing Companies Transportation Network Companies like such as Uber, Lyft and Sidecar should bear the insurance burden when they encourage non-professional drivers to use their personal vehicles to transport passengers for a …
March 31, 2014
Days before a key vote in Colorado Legislature on ridesharing regulation a large insurer has come out with a poll that shows the majority of Coloradans believe rideshare companies should cover their drivers with commercial insurance. No one has so …
March 27, 2014
A dispute among taxi companies, Chicago officials and rideshare companies such as Uber, Lyft and Sidecar is about to welcome one more player: state lawmakers who say the rideshare industry needs to play by the same rules as other transportation …
March 19, 2014
See related story: Uber Announces New Policy to Cover Gap The Seattle City Council passed a measure Monday that puts some regulations on rideshare companies that use smartphone apps to connect passengers with rides from drivers using their personal cars. …
March 16, 2014
Two of the nation’s largest property/casualty insurer trade associations have weighed in with Illinois lawmakers on the subject of insurance coverage for commercial rideshare companies, saying such companies should be regulated in the same manner as other “for hire” auto …
March 12, 2014
Tennessee regulators are warning automobile policyholders that participating in transportation network companies could lead to gaps in their coverage and leave them exposed to monetary damages from an accident. Transportation network companies have become increasingly popular across the country, especially …
January 29, 2013
ACE USA has introduced a new option for ACE privacy protection policyholders through enhancements to its data breach team endorsement. The new data breach fund sidecar endorsement eliminates tiered sub-limits and provides a single data breach fund limit, one that …
January 8, 2013
Argo Group International Holdings, Ltd. has established Harambee Re 2013-1 Ltd for the 2013 accident year. This is the first sidecar established by Argo Group. Unlike other sidecars, which typically write either reinsurance or retrocession business, Harambee Re will support …