sharing economy News

FAA Ruling Grounds AirPooler’s Uber-Style Sharing in Air Travel

The trend in sharing services popularized by Uber Technologies Inc. and Airbnb Inc. will take longer to gain a foothold in the world of aviation, if at all. The U.S. Federal Aviation Administration reviewed its rules and determined that AirPooler …

‘Share’ Economy to Bring Sweeping Changes to Pittsburgh

Jonathan Danial is a concierge, making sure guests have bottled water, crisp linens and the signature house banana bread — in his home. David Pavel has been a classic limo driver, chatting up his passengers as he gets them where …

Airbnb Alters San Francisco Rental Market, Report Shows

Lodging sharing service Airbnb has taken a bite out of San Francisco’s already limited stock of rental housing as some landlords and housing activists contend, a newspaper reported Sunday. The San Francisco Chronicle commissioned a data harvesting company to analyze …

Judge Strikes Down N.Y. Attorney General’s Subpoena for Airbnb User Data

New York’s investigation into whether Airbnb Inc. allows users to run illegal hotels hit a setback when a judge ruled that a request for information about the service’s rental home providers was too broad. Acting Supreme Court Justice Gerald W. …

Tennessee: Use of Transportation Networks Could Lead to Auto Coverage Gaps

Tennessee regulators are warning automobile policyholders that participating in transportation network companies could lead to gaps in their coverage and leave them exposed to monetary damages from an accident. Transportation network companies have become increasingly popular across the country, especially …

Car-Sharing Service RelayRides to Pay $200K Penalty to New York DFS

New York State’s Department of Financial Services (DFS) announced its investigation has found that the car-sharing service RelayRides put New Yorkers at risk through false advertising, unlicensed insurance activity, and other violations. Officials said RelayRides will pay a $200,000 penalty …

Conn. Man Sues NYC Bike-Share Operator for $15M After Crash

A Connecticut man who says he was injured on New York City’s Citi Bike has filed a $15 million lawsuit against the bike-share operator.Ronald Corwin, of Westport, Conn., says he flipped over the bike after his front wheel hit a …

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. …

Association Recommends Insurance Guidelines for Carsharing Operations

An association for operators of car sharing services has developed guidelines for what insurance they should make available to consumers participating in their services. The San Francisco-based CarSharing Association released a draft liability insurance guideline for round-trip carsharing operators in …

Firms Helping Boat Owners Test Waters of ‘Sharing Economy’

Getting out on the open sea, wind in your hair, enjoying the ride with your family and friends. Then there’s the boat payments, storage fees, fuel, maintenance and repair — these costs can quickly sink the dream of boat ownership. …