sidecar News

Ridesharing Apps in California Get Kids Around When Parents Are Busy

Sacha Simmons used to dread taking a taxi to her high school or someplace else to hang out with her teenage friends when her parents weren’t around to give her a ride. Sometimes, the cab drivers wouldn’t show up or, …

Aon Benfield Analytics Releases Lloyd’s Update; 2014 Performance Examined

Aon Benfield Analytics’ Market Analysis team has released its latest Lloyd’s Update report, which assesses the market’s 2014 financial performance and latest developments. Key findings in the report include: The Lloyd’s market began 2015 with 92 active syndicates and slightly reduced underwriting …

First Major California Insurer to Offer Ridesharing Endorsement

Farmers will become the first large California insurer to start offering a ridesharing insurance product on Thursday. In an announcement made at the Los Angeles office of California Department of Insurance today, California Insurance Commissioner Dave Jones and Farmers Group …

Heading a National Ridesharing Outline a Political Gain for Jones?

A committee of regulators led by California Insurance Commissioner Dave Jones is working on standards on ridesharing that departments of insurance in states across the U.S. can look to as an example. Whether the National Association of Insurance Commissioners Sharing …

Debate Heats Up Over Proposed Ridesharing Rules in Massachusetts

Taxicab drivers and owners decried proposed Massachusetts regulations on popular transportation companies like Uber and Lyft, while rideshare drivers defended their jobs at a packed and heated public hearing Wednesday. Massachusetts Gov. Deval Patrick, who leaves office Jan. 8, wants …

N.J. Assembly Panel Advances Bill Regulating Ridesharing Firms

Companies that allow drivers to use personal vehicles to transport riders in New Jersey would have to get a state permit and meet safety requirements under state legislation that’s been advanced by a New Jersey Assembly panel. The New Jersey …

Massachusetts Gov. Patrick Seeks Rules on Rideshare Firms

Massachusetts Gov. Deval Patrick’s administration is proposing limited state oversight for Uber and other popular ridesharing companies. The Boston Globe reported Wednesday that Patrick, who leaves office after two terms next month, wants to give the state Department of Public …

California Insurance Department Ready to Review TNC Policies

California Insurance Commissioner Dave Jones said today his department is ready to accept insurance company filings to create new commercial coverage or endorsements to personal auto insurance policies that will provide coverage rideshare drivers. The policies Jones and the California …

Illinois Rideshare Bills Vetoed; Insurance Groups Urge Override

Illinois Gov. Pat Quinn has vetoed legislation that would have imposed statewide regulations on commercial ridesharing companies, also known as transportation network companies (TNCs). Quinn said he vetoed House Bill 4075, also known as the “Uber bill,” because it would …

New Rules On Ridesharing Passed by Seattle Council

  The Seattle City Council on Monday passed new rules regulating rideshare companies, allowing them to operate in the city without a limit on the number of cars.   Monday’s vote comes a week after the council repealed rules it …