transportation network companies News

Farmers Insurance Launches Rideshare Coverage in New Jersey

Farmers Insurance announced Monday that it has begun offering its Rideshare Insurance Coverage endorsement in New Jersey. The endorsement is designed to offer ride-hail drivers coverage options as part of Farmers personal auto insurance policies. Farmers said the company worked …

Progressive Insurance Snags Texas Uber Drivers Account

Uber Technologies Inc. will use Progressive Insurance to provide coverage for drivers in Texas beginning on Friday, in a pilot that could lead the ride-hailing market leader to diversify its U.S. insurance purchasing from its current sole provider, Uber and …

State Farm Introduces Ridehsare Coverage in Colorado

State Farm will offer customers a new endorsement in Colorado to cover insurance gaps for policyholders who use personal vehicles to provide rides for transportation network companies like Uber and Lyft. The optional ridesharing endorsement is available beginning Feb. 8. …

Insurers Unprepared for Self-Driving Car Disruption: KPMG

The majority of property/casualty insurers do not expect autonomous or self-driving vehicles to have a real impact on their auto insurance business for another decade and have not adjusted their business models to prepare for the disruption. Many insurer executives …

Uber, Cab Companies Go to Battle Against New Mexico Regulations

The company that operates the ridesharing service Uber wants the New Mexico Supreme Court to overturn new state rules governing transportation network companies. The Santa Fe New Mexican reported that Uber is joining a group of cab companies in challenging …

Uber Discloses Expanded Customer Data Tracking

Uber Technologies Inc.’s new privacy policy released Thursday is shorter, easier to read and more expansive than before. The car booking company now more clearly tells its customers it can pretty much track everything they do while using the Uber …

Uber and Lyft Fight Proposed NYC Rules – and Each Other

Uber and Lyft are among the tech companies pushing back at proposed rules by New York City’s Taxi and Limousine Commission to regulate car service apps. Uber says the rules break federal law because taxi commissions don’t have the authority …

Ridesharing Service Expands to 5 More Wisconsin Cities

The ridesharing service Uber is expanding to five more Wisconsin cities. Uber already operates in Madison, Milwaukee and Green Bay. Thursday it rolls out in Wisconsin Dells, Lake Geneva, Racine, Kenosha and Waukesha. The Journal Sentinel reported the expansion comes …

More Vetting for Uber Bill After Rocky Trip Through Nevada Senate

Nevada Assembly members aired their concerns this week about a bill that would regulate ride-hailing companies such as Uber, a day after the measure finished its rocky trip through the Senate with an 18-1 vote. The Assembly Ways and Means Committee …

Uber, Lyft Balk at Fingerprinting Georgia Drivers

Popular ride-hailing firms like Uber and Lyft are fighting lawsuits in Atlanta and other cities from cab drivers, taxi and limousine companies claiming the techno upstarts are siphoning off passengers and profits by skirting regulations that ensure consumer safety. The …