Airbnb News

Airbnb, New York City Settle Rental Law Lawsuit

Airbnb Inc. and New York City said on Friday they had resolved a lawsuit brought by the company challenging a law it argued could expose it to significant penalties for advertising short-term apartment rentals. Airbnb filed the suit in October …

Insurtech Startup Trov Launches in UK, Offering On-Demand Coverage

The on-demand economy, which uses smartphone technology to immediately fill consumer needs, has changed the way people order food, a car, or a place to stay. Now, technology startups are targeting the next business frontier – insurance – offering coverage …

New York to Hold Off Enforcing Airbnb Sublet Restrictions

The city and state of New York said Monday they would hold off enforcing a new law restricting short-term apartment sublets against Airbnb Inc. until the company’s lawsuit over the issue is resolved. That was a reversal from earlier indications …

Homesharing Giant Airbnb Faces Rising Legal, Regulatory Risks in Big Cities

Airbnb, the online lodging service that investors now believe is worth $30 billion, faces a reckoning. In eight years of torrid growth, the company has often clashed with local public officials seeking to minimize the impact of short-term rentals on …

Judge Skeptical over Airbnb Posture in San Francisco Rental Law Suit

A U.S. judge expressed skepticism toward a bid by Airbnb to halt a San Francisco law that imposes fines on home rental companies for processing bookings by hosts not registered with the city. In its lawsuit against San Francisco, Airbnb …

Governor Cuomo Reviewing Bill to Establish Fines for New York Airbnb Users

New York Gov. Andrew Cuomo must soon decide whether to authorize hefty fines for many people who offer to rent out their New York City apartments on Airbnb. Meanwhile, the online booking service said it’s policing its website to remove …

Allstate Offers Home-Sharing Insurance Endorsement in Michigan

Allstate is now offering a home-sharing endorsement in Michigan for homeowner insurance customers who rent out their homes on a temporary basis. With participation in the home-sharing economy expected to quadruple over the next few years, Allstate said it is …

Airbnb Sues Southern California City over Short-term Rental Law

Airbnb is suing the city of Anaheim over a law that regulates short-term rentals. The Orange County Register reported the suit argues the city violates free-speech rights and federal law by holding Airbnb responsible when users post listings for illegal …

California Insurers Group Hopes Governor Signs Airbnb Bill

Another bill dealing with the sharing economy is headed to the California governor’s desk. A bill to ensure homeowners and renters offering rooms for rent on hosting platforms like Airbnb and Home Away understand what insurance coverage they have recently …

PCI Urges California Governor to Sign Insurance Bill on the Sharing Economy

The Property Casualty Association is urging California’s governor to sign a bill approved by the Legislature to ensure homeowners and renters offering rooms for rent on hosting platforms like Airbnb and Home Away understand what insurance coverage they have. Senate …