James River Insurance Co . News

Uber Auto Policy Meets State Requirements, Says Florida Regulator

Florida’s insurance regulators have determined that a ridesharing company’s automobile commercial liability policy meets state regulations, but legislative action is likely necessary to clarify whether that entitles the company to legally operate in the state. Ridesharing firm Uber has been …

James River Not Afraid to Take on Uber, Riskier Assets

The insurer that ridesharing service Uber Technologies Inc. uses to protect drivers and passengers is going public, promoting how it’s more willing than competitors to invest in junk-rated loans. James River Group Holdings Ltd. outlined its strategy this way in …

James River Insurance Seeking $685M Valuation in IPO

James River Group Holdings Ltd., the insurer backed by D.E. Shaw & Co. and Goldman Sachs Group Inc., is seeking a valuation of as much as $685 million in an initial public offering. Investors are offering 11 million shares for …

Getting a Grip on Ridesharing Coverage

Ridesharing services are becoming increasingly popular among consumers looking for a more convenient alternative to taxis or other forms of public transportation, and new ridesharing companies have been cropping up everywhere trying to ride the success of the three major …

Uber Announces New Policy to Cover Gap

Ridesharing company Uber on Friday said it has new insurance to cover a gap between personal and commercial policies when drivers are using the app-based ridesharing service, while the company’s CEO said the San Franciscso-based firm is also working with …