transportation network companies (TNCs) News

Rideshare Service Bill Hailed by Maryland Lawmakers

An eleventh-hour bill in Maryland addressing the regulation of rideshare companies like Uber and Lyft is being hailed by stakeholders on both sides of the meter. In the waning hours of the Maryland legislative session on April 13, Baltimore Sen. …

Business Travelers Driving Uber Growth

Business travelers are bypassing the taxi queue with greater frequency, choosing instead ride-hailing services like Uber Technologies. A new report by expense management system provider Certify shows that 47 percent of the ground transportation rides by its users in March …

Georgia Senate Sends Ridesharing Bill to Governor

The Georgia Senate has expanded the requirements ridesharing companies must meet to operate in the state. The Senate voted last Thursday to add a requirement for drivers of companies such as Uber to display certificates of identification on their vehicles. …

ISO Introduces Endorsements to Address Ridesharing Policy Gaps

ISO has introduced two new personal auto coverage options for ridesharing drivers when they’re logged in but don’t have any passengers – an issue that has been the subject of controversy among insurance companies and those outside the ridesharing community. …

Taxi Group’s New Lawsuit Targets New York’s Uber Policy

A group of taxi companies sued New York claiming the city is wrongfully allowing Uber Technologies Inc. customers to hail rides with an app. Current law permits only yellow taxis with valid medallions to accept hails, regardless of whether they’re …

NAIC Adopts Ridesharing White Paper for State Policymakers

The National Association of Insurance Commissioners on Tuesday adopted a white paper on insurance coverage for ridesharing that offers several suggestions for how state regulators should deal with insurance issues. Ridesharing services offered by transportation network companies like Uber, Sidecar …

Personal Insurance Federation of Florida Releases TNC Legislation Guidelines

Transportation network companies such as Uber and Lyft represent a promising technology that can serve consumers well in the future, but Florida legislators should clarify the insurance requirements for these services in state law in order to adequately protect both …

Georgia Senate Committee Approves Ridesharing Bill

A bill that would give Uber and other ride-sharing services clear sailing to keep operating in Georgia on passed the state Senate’s powerful Science and Technology Committee late last week. The bill by Republican Rep. Alan Powell of Hartwell passed …

Yellow Taxis Now Outnumbered by Uber Cars on NYC Streets

New York City’s storied yellow cabs are taking a back seat to black cars. Uber cars, often black sedans that can be summoned with smartphone apps, now outnumber the yellow taxis that city riders have hailed with a whistle and …

GEICO Expands Ridesharing Product to Maryland

GEICO is now offering its ridesharing insurance product to Uber (UberX and UberXL), Lyft, Sidecar and other services to approved drivers in Maryland, in addition to Virginia. The product, which replaces the driver’s personal auto policy, provides coverage both for …