transportation network companies (TNCs) News

USAA to Offer Rideshare ‘Gap Protection’ Coverage in Massachusetts

Massachusetts Gov. Charlie Baker and the Division of Insurance announced that the United Services Automobile Association (USAA) has been approved to offer additional “gap protection” coverage to its policyholders who drive their cars for rideshare or transportation network companies (TNC), …

Farmers Insurance Launches Rideshare Insurance Coverage in Kansas

Farmers Insurance has introduced rideshare insurance coverage designed to provide seamless coverage for ride-hailing drivers in Kansas. Farmers worked with representatives of the Kansas Insurance Department, legislators and leaders of transportation network companies (TNCs) to develop a product designed to …

Lyft to Open Customer Experience Operations in Nashville

A San Francisco-based rideshare service is investing more than $5 million to locate its new operations in Nashville and create 380 jobs in Davidson County. Gov. Bill Haslam and Economic and Community Development Commissioner Randy Boyd announced this week that …

Florida’s Broward County Pushes Back Vote on Ridesharing

Broward Count, Florida officials have had to delay a vote on the approval of ridesharing services such as Uber because a commission has not finished discussing amendments to the proposed rules. The Palm Beach Post reports that the Broward County …

Mass. Gov. Baker Hopes Disagreements Won’t Scuttle Uber Regs

Massachusetts Gov. Charlie Baker says he hopes disagreements over how to regulate ride-hailing services such as Uber and Lyft won’t keep lawmakers from passing a bill soon. A legislative committee reviewed several proposals — including one filed by Baker — …

Uber vs. Taxi Clash Heats Up at Massachusetts Statehouse

The tension between traditional taxis drivers and those who drive for services like Uber and Lyft was on display Tuesday as Massachusetts lawmakers grappled with proposals to regulate the popular but largely unfettered ride-hailing services. The Financial Services Committee is …

GEICO Expands Ridesharing Coverage to Connecticut

GEICO announced Tuesday that the company is expanding its ridesharing insurance product offering to drivers in Connecticut. GEICO has rolled out its ridesharing product in Georgia, Virginia, Maryland, Texas and Pennsylvania earlier this year. GEICO said new and existing drivers …

NYC Credit Unions Face Risks From Taxi Industry Woes

New York credit unions that have run up large exposures to the city’s iconic yellow cabs are facing a sharp increase in loan losses after a judge threw out a legal challenge to ride-hailing service Uber Technologies Inc. Four credit …

Delaware Cities Tell Uber Drivers to Obtain Business Licenses

Officials in numerous Delaware cities have asked drivers who use the ride-hailing app Uber to obtain business licenses. The News Journal of Wilmington reports that under a deal struck by Delaware and the company this year, it is unclear if …

Taxi Companies File Suit to Stop Uber Service in Rhode Island

Two taxi companies in Rhode Island have asked a judge to stop ride-hailing company Uber from doing business in the state. The Providence Journal reports Orange Cab of Newport and Airport Taxi of Warwick filed a lawsuit this month seeking …