sharing economy News

Future Tech to Create Lower Claims Frequency, New Threats: Allianz Report

Technology is expected to be a major driver of liability claims in the years ahead – cutting frequency and increasing new threats such as cyber, product liability and recall risk, according a report published by Allianz Global Corporate & Specialty …

Airbnb Sues City of Miami, Alleges Violation of Hosts’ First Amendment Rights

The homesharing platform Airbnb is suing the city of Miami, where officials threatened to crack down on hosts who publicly protested regulations prohibiting short-term rentals. According to the lawsuit filed Friday in Miami-Dade County by Airbnb and five individual hosts, …

Slice Labs Testing Pay-Per-Use Insurance App with Rideshare Drivers

Insurance tech startup Slice Labs has created a pay-per-use rideshare insurance app and is now testing the technology with a select set of rideshare drivers. Plans call for testing the technology and algorithms with a group of 50 people “in multiple …

Airbnb at Odds with Miami Mayor Over Homesharing Regulations

Airbnb and other home-sharing platforms face more restrictions in Miami, where the mayor plans for more aggressive enforcement of regulations prohibiting rentals of single-family homes in its residential areas. Amid spring break and days before the annual Ultra electronic music …

On-Demand Homeshare Insurer Slice Enters 5 More States

Slice Labs Inc., a technology startup featuring an on-demand insurance platform for people who share or rent their homes, is now offering its pay-per-use insurance coverage on a limited basis in five additional states: Colorado, Maryland, Massachusetts, Texas and Washington. …

Singapore Tightens Rules for Sharing Economy that Could Disrupt Asia Ambitions

Singapore, a keen early adopter of the sharing economy, has fired a warning shot across the bow of Airbnb and Uber with tighter rules that could shake up their business models and growth ambitions in Asia. The rules, some say, …

With Growth of the Gig Economy, States Rethink How Workers Get Benefits

As more and more Americans hold nontraditional jobs that don’t have benefits attached — think freelance graphic designers or Uber drivers — cities and states are exploring ways to ensure those workers still have access to workers’ compensation, unemployment insurance, …

Assurant to Offer Liability Coverage for Vacation Rental Owners

Assurant has partnered with Vacasa, a U.S. vacation rental management company, to provide liability coverage and property insurance for Vacasa’s homeowners. Assurant’s short-term accommodations protection program will be available to the more than 4,600 U.S. homeowners in the Vacasa network, …

How to Gain ‘Digital Trust’ of Employees in Age of Internet of Things

Employers will need to accept tradeoffs to foster “digital trust” with employees if they want to gather the workplace data necessary to realize the full benefits of the Internet of Things (IoT) and the sharing economy. That’s according to a …

ISO Files Homesharing Coverage Options For Homeowners’ Policies

ISO has introduced new homesharing insurance options to address exposures that policyholders may face when renting out all or parts of their homes. The new homeowners coverage options and accompanying rating provisions have been filed on a multistate basis to …