transportation network companies News

Uber Sues Drivers’ Insurer Alleging Its Claims Practices Have Fueled Tort Litigation

Uber Technologies last Friday sued its drivers’ auto insurer for defense and indemnification regarding multiple lawsuits that are seeking to hold Uber vicariously liable for accidents involving some of its drivers in New York. Uber’s complaint cites 23 lawsuits that …

Statewide Ride-Hailing Regulation Bill Signed by Texas Governor

A bill that preempts local regulations for ride-hailing companies in Texas and replaces them statewide standards has been signed by Gov. Greg Abbott. HB 100, sponsored in the Senate by Georgetown Sen. Charles Schwertner, sets statewide operating standards, including insurance …

Bill Setting Statewide Rules for Ridesharing Companies Passes Texas Senate

A bill that would preempt local regulations for ridesharing companies in Texas and replace them statewide standards has passed the Texas Senate. It now heads to the desk of Gov. Greg Abbott for his signature. HB 100, sponsored by Georgetown …

Boston Police Chief Disappointed Ridesharing Bill Lacks Driver Fingerprinting

Boston Police Commissioner William Evans is faulting Massachusetts lawmakers for failing to require the fingerprinting of drivers for ride-hailing services such as Uber and Lyft. The House and Senate approved regulations for the services Sunday night, but the bill does …

Massachusetts Lawmakers Pass Ridesharing Bill

Massachusetts lawmakers over the weekend passed a bill regulating transportation network companies, or ridesharing firms like Uber and Lyft, that includes requirements for background checks on drivers, vehicle safety inspections, insurance coverage, and a 20 cent per ride surcharge with …

Farmers Insurance Launches Rideshare Coverage in New Jersey

Farmers Insurance announced Monday that it has begun offering its Rideshare Insurance Coverage endorsement in New Jersey. The endorsement is designed to offer ride-hail drivers coverage options as part of Farmers personal auto insurance policies. Farmers said the company worked …

Progressive Insurance Snags Texas Uber Drivers Account

Uber Technologies Inc. will use Progressive Insurance to provide coverage for drivers in Texas beginning on Friday, in a pilot that could lead the ride-hailing market leader to diversify its U.S. insurance purchasing from its current sole provider, Uber and …

State Farm Introduces Ridehsare Coverage in Colorado

State Farm will offer customers a new endorsement in Colorado to cover insurance gaps for policyholders who use personal vehicles to provide rides for transportation network companies like Uber and Lyft. The optional ridesharing endorsement is available beginning Feb. 8. …

Insurers Unprepared for Self-Driving Car Disruption: KPMG

The majority of property/casualty insurers do not expect autonomous or self-driving vehicles to have a real impact on their auto insurance business for another decade and have not adjusted their business models to prepare for the disruption. Many insurer executives …

Uber, Cab Companies Go to Battle Against New Mexico Regulations

The company that operates the ridesharing service Uber wants the New Mexico Supreme Court to overturn new state rules governing transportation network companies. The Santa Fe New Mexican reported that Uber is joining a group of cab companies in challenging …