risks in sharing economy News

A Conciliatory Airbnb Offers Guidelines for Cities’ Homesharing Regulation

In a moment of peace-making with regulators, Airbnb on Wednesday released a set of policy suggestions for governments that are considering new laws for home- and apartment-renting. The document, which comes on the heels of concessions with cities including New …

BoatUS Launches Peer-to-Peer Boat Insurance Program

BoatUS has launched a boat rental insurance policy available for rentals through Boatbound, a nationwide boat rental marketplace. The new Peer-to-Peer Boat Rental Policy covers the rental period and is designed specifically to meet the needs of this new and …

Taxi Companies’ Lawsuit Against Uber in Connecticut Dismissed

Uber Technologies Inc on Thursday won the dismissal of a racketeering lawsuit by 15 Connecticut taxi and limousine companies seeking to stop the ride-sharing company from doing business in the state. U.S. District Judge Alvin Thompson in Hartford, Connecticut, said …

Individual or Corporate? Two Visions of the Sharing Economy

Google’s driverless car and Apple’s deal to buy Beats Electronics, primarily for its streaming music service, represent the latest moves in a battle between two visions of the sharing economy: One in which the goods being shared belong to the …

Ridesharing Firms Uber, Lyft Accused of Racketeering in Conn. Cab Lawsuit

Ride-sharing services Uber Technologies Inc. and Lyft Inc. were accused of racketeering in a lawsuit by Connecticut taxi and livery firms, which said the companies “prey parasitically” on established services. The services, operating without proper licenses, “cut corners illegally” and …

Chubb Sharing Economy Poll: 36% Open to Renting Others’ Homes for Vacation

More than one-third (36 percent) of Americans would rent someone else’s home for vacation, but far fewer (20 percent) would rent out their own home to others, according to a new survey sponsored by the Chubb Group of Insurance Companies. …