Latest Commercial Auto Headlines
All the headlines from our Commercial Auto Topic Page, ordered by recency.
Federal Preliminary Report on New York Limo Crash Offers No Cause Yet
Feb 13 2019 // The National Transportation Safety Board’s probe of a fatal limousine crash in upstate New York has not yet identified a cause, according to a preliminary report released Monday, after weeks of wrangling between...
An Old Dog Up to New Tricks
Feb 4 2019 // For the seventh consecutive year, commercial auto is losing money. Despite rate increases in 23 of the past 25 quarters, the combined ratio topped 111 percent in 2017. The line has been a weak spot for many insurers,...
Judge Seeks to End Standoff Over NTSB Access to Crashed Limo in New York
Jan 30 2019 // Federal safety inspectors went to court to remove a roadblock in their investigation of a limousine crash that killed 20 people nearly four months ago. Schoharie County Judge George Bartlett heard arguments Tuesday over...
Prime Property & Casualty Insurance Enters Kentucky Commercial Auto Market
Jan 29 2019 // Prime Property & Casualty Insurance Inc. (PPCI) has entered the Kentucky commercial auto market as an admitted carrier specializing in insurance products for distressed and substandard risks. PPCI offers the capacity...
Cuomo Proposes Banning Stretch Limos from New York Roads
Jan 17 2019 // New York Governor Andrew Cuomo proposed banning stretch limousines from the state’s roads as part of a safety crackdown on large for-hire passenger vehicles following the deadliest U.S. transportation accident in...
Feds to Examine Crashed Limo Three Months After Fatal New York Wreck
Jan 14 2019 // Federal investigators say they may recall employees furloughed under the government shutdown to start examining a limousine that crashed in upstate New York three months ago, killing 20 people. The National Transportation...
Commercial Auto: An Old Dog Up to New Tricks
Dec 28 2018 // For the seventh consecutive year, commercial auto is losing money. Despite rate increases in 23 of the last 25 quarters, the combined ratio topped 111 percent in 2017. The line has been a weak spot for many insurers,...
Feds Upset Over Lack of Access to Limo in Fatal New York Wreck
Dec 27 2018 // The National Transportation Safety Board told a New York prosecutor she has hampered the agency’s efforts to determine the cause of the limousine crash that killed 20 people in her rural upstate county, the...
5Star Specialty to Assume Distribution of Protective Insurance’s Public Auto Offering
Dec 14 2018 // Transportation industry insurer Protective Insurance Co. and 5Star Specialty Programs have expanded their partnership in the public auto market, a move that means 5Star will be Protective’s sole distribution source...
Georgia Claims Uber Owes State $22M in Sales Taxes, Other Charges
Dec 10 2018 // Uber could owe tens of millions of dollars to Georgia if the state is successful in a legal battle. The Georgia Department of Revenue has billed Uber $22.1 million for sales taxes and other charges that it maintains are...
Waymo Self-Driving, Fare-Generating Taxis Hit the Road in Arizona
Dec 5 2018 // Alphabet’s Waymo on Wednesday launched a significant development in its costly, decade-long quest for autonomous transportation: self-driving taxis that actually generate fares. With little fanfare, the company has...
Charter Bus Crashes in Arkansas; 1 Child Dead, 45 Hurt
Dec 4 2018 // One child was killed and at least 45 other people were injured when a charter bus carrying a youth football team from Tennessee rolled off an interstate off-ramp and overturned before sunrise Monday in central Arkansas,...
Lawsuit Filed Against Operators of Limo in Fatal New York Crash
Nov 26 2018 // The operators of a limousine that crashed and killed 20 people in upstate New York were grossly negligent in putting the “dangerous and defective” vehicle on the road, according to a lawsuit filed by one of the...
Can Commercial Auto Insurers Get to Profit Before Autonomous Vehicles Arrive?
Nov 9 2018 // Commercial auto insurance hasn’t produced an industrywide combined ratio below 105 in the United States since 2010, according to a Guy Carpenter analysis, which says the line’s poor performance is a key factor...
What’s Happening and What Lies Ahead for P/C Insurance Pricing: Moody’s
Oct 30 2018 // The current pricing environment for property/casualty insurers is “modestly positive,” with commercial and personal auto rates rising by mid-to-high single digits, homeowners and commercial property rates...
Iowa Supreme Court: IDOT Officers Can Only Ticket Commercial Vehicles
Oct 22 2018 // The Iowa Supreme Court has ruled that Iowa Department of Transportation officers do not have authority to issue speeding tickets to or arrest drivers outside of the regulation of commercial vehicles. The finding came...
London’s Biggest Private Taxi Firm Aims to Roll Out Self-Driving Cars by 2021
Oct 22 2018 // A fleet of autonomous taxis could roll onto the streets of the U.K. capital within three years, after one of London’s biggest private-hire taxi companies struck a deal with a maker of autonomous vehicle...
Calls for New Regulation Mount as New York Limo Crash Victims Mourned
Oct 16 2018 // The day after a mourning community said last goodbyes to eight of 20 victims of a limousine crash – four sisters and four other relatives – the Senate’s top Democrat called on federal regulators to...
Limousine Company Operator Arrested Following Deadly New York Crash
Oct 12 2018 // Police charged a limousine service operator Wednesday with criminally negligent homicide in a crash that killed 20 people, while the man’s lawyer said that he wasn’t guilty and that police were rushing to...
Limo Service Lawyer Says Violations Fixed Before Fatal New York Crash
Oct 11 2018 // The limousine service under scrutiny after a crash that killed 20 people fixed safety violations in its fleet before the tragedy, said a lawyer who suggested the driver was unfamiliar with the rural road. Prestige...
