TNC News

Operations In Boise, Idaho Suspended by Uber After Impasse

Uber said on it was suspending its operations in Boise, Idaho, after reaching an impasse in negotiations with city leaders over new regulations. “Steep and growing costs that come from offering thousands of free rides combined with unworkable and onerous …

Analyst: Taxi Medallions No ‘Safe haven’ in Wake of Uber

Uber, the popular ride-hailing app, is hitting taxicabs where it hurts: The medallion business. Taxi companies make money by charging drivers for medallions, or licenses to drive their cabs. In a note to investors last week, Jefferies analyst Sean Darby …

Farmers Introduces Rideshare Coverage in Colorado

Farmers Insurance is introducing the company’s first rideshare coverage endorsement in Colorado. The product is designed to provide drivers with the insurance coverage specified in Colorado’s new ridesharing law. Part of the new law includes a provision requiring rideshare drivers …

Uber Driver Who Struck and Killed Girl in San Francisco Crosswalk Charged

A driver for Uber Technologies Inc. whose car struck and killed a six-year-old girl crossing a San Francisco street last New Year’s eve was charged with misdemeanor vehicular manslaughter, a spokesman for the city’s district attorney said. The arrest of …

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 …

California Governor Signs Ridesharing Bill

California Gov. Jerry Brown has signed into law a bill to establish insurance requirements for transportation network companies and their drivers. Assembly Bill 2293, authored by Assemblywoman Susan Bonilla, D-Concord, defines with personal and commercial auto insurance is in effect, …

California Commissioner Likes Proposed Rideshare Regulations

California Insurance Commissioner Dave Jones on Thursday gave a thumbs up to regulations proposed by California Public Utility Commission President Michael Peevey, which seeks broader commercial insurance coverage for drivers who use  smartphone ridesharing apps from operators like Uber, Lyft …

California Commissioner Wants Insurance Burden on Ridesharing Companies

Transportation Network Companies like Uber, Lyft and Sidecar should bear the insurance burden when they encourage drivers to use their personal vehicles to transport passengers for a profit, according to recommendations made Wednesday from California Insurance Commissioner Dave Jones. Jones’ …

California Commissioner: TNCs Responsible for Insurance

Updated story:  California Commissioner Wants Insurance Burden on Ridesharing Companies Transportation Network Companies like such as Uber, Lyft and Sidecar should bear the insurance burden when they encourage non-professional drivers to use their personal vehicles to transport passengers for a …

Poll’s Preemptive Strike Against Colorado Rideshare Bill

Days before a key vote in Colorado Legislature on ridesharing regulation a large insurer has come out with a poll that shows the majority of Coloradans believe rideshare companies should cover their drivers with commercial insurance. No one has so …