Transportation Network Company News

Uber, Lyft and New York Loss Transfer

Ridesharing has officially arrived in New York, and confusion over New York no-fault insurance and PIP Loss Transfer has arrived with it. On June 29, 2017, the New York State Assembly approved and Governor Andrew Cuomo signed the state’s $153 …

Teamsters, Lyft Drivers Objecting to Class-Action Settlement

Five Lyft drivers and the Teamsters union will object to a proposed class action settlement, saying it would shortchange drivers by keeping them as independent contractors instead of employees, a union spokesman said on Tuesday. Lyft and larger rival Uber …

Allstate Rideshare Coverage Approved in California

California Insurance Commissioner Dave Jones has approved a new rideshare insurance product from Allstate Insurance. The Allstate coverage is for for people driving for transportation network companies like Uber and Lyft. Beginning in April, TNC drivers will have the option …

Few Rideshare Drivers Have Insurance, But Interest is Growing

A large portion of rideshare drivers do not have the required insurance – but more are buying it, or seem to be more interested in it. According to a recent survey by the Rideshare Guy, roughly one-in-five rideshare drivers have …

Mercury Begins Offering Ridesharing Insurance in Arizona

Mercury Insurance is offering ridesharing insurance to cover Uber, Lyft and other transportation network company drivers in Arizona. The new coverage will provide drivers with insurance that will bridge the gap between their personal auto insurance and the coverage provided …

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 …

‘Ridesharing’ a Climate Change Solution around the Corner

The solution to reducing carbon emissions may be just around the corner. Car sharing can reduce gas consumption and could ultimately help in the battle to curb climate change, according to a Natural Resources Defense Council director, who maintains that …

Uber to Settle Lawsuit Over California Girl’s Crosswalk Death

Uber is settling lawsuit with the family of a 6-year-old girl who died when a company driver hit her with his SUV. The San Francisco Chronicle reports the company is paying the family an undisclosed settlement for the 2013 crash …

California Judge Fines Uber $7.3 M, and Suspends Service

Uber has been fined $7.3 million for refusing to give California regulators information about the ride-hailing company’s business practices, including accident details and how accessible vehicles are to disabled riders. The decision, handed down by chief administrative law judge Karen …

California Agents Get Creative to Sell Rideshare Endorsement

Kathy Lamm, an insurance agent in Costa Mesa, Calif., over the past month has been busy selling a ridesharing endorsement that Farmers Insurance Group introduced in California in late May. Lamm started spreading the word soon after the product became …