Latest Commercial Auto Headlines
All the headlines from our Commercial Auto Topic Page, ordered by recency.
New York Governor Says Limo That Crashed Shouldn’t Have Been on the Road
Oct 10 2018 // The supersized limousine that crashed and killed 20 people outside a country store failed a safety inspection last month and shouldn’t have been on the road, and the driver wasn’t properly licensed, New...
U.S. Limo Regulations Probed After Deadly New York Crash, NTSB Says
Oct 9 2018 // The National Transportation Safety Board will examine federal oversight of the limousine industry as part of its investigation into a deadly New York state crash that killed 20 people in the worst U.S. transportation event...
TAIPA Files Private Passenger, Commercial Auto Rate Increases
Oct 1 2018 // The Texas Automobile Insurance Plan Association filed rate increases of 4.9 percent for private passenger auto insurance and 3.9 percent for commercial auto coverage. The proposed rate increases for new and renewal...
Commercial Auto: Profitability Issues Remain, but There’s Light at the End of Tunnel
Oct 1 2018 // Despite insurers’ best efforts to increase rates to compensate for losses, commercial auto continues to be an unprofitable line. In less than a decade, despite continued increases in premiums, two major carriers have...
Charter Bus Runs Off West Texas Road, Injuring 20
Sep 17 2018 // Twenty people have been taken to El Paso hospitals for treatment after a charter bus ran off a road southeast of the city. Texas Department of Public Safety Lt. Elizabeth Carter says the accident happened along an...
Next Insurance Rolls Out Commercial Auto Policy
Sep 13 2018 // Small business-focused digital insurance carrier Next Insurance has launched a commercial auto insurance policy available entirely online with no extra fees. Small businesses can now purchase a commercial car insurance...
Ridesharing Workers of Gig Economy: What Census Numbers Show
Aug 30 2018 // How big is the gig economy? The answer depends on how one defines “gig economy.” Because there is no broadly accepted definition and no straightforward way to classify workers or jobs as “gig” or...
Commercial Lines Premiums Up 2% in Q2: CIAB Survey
Aug 23 2018 // The trend of increasing commercial insurance premiums that began in the fourth quarter of 2017 continued last quarter. Average premiums across all sized accounts increased by 1.5 percent in Q2, according to The Council of...
NYC Mayor Signs Bill Capping New Ride-Hail Licenses
Aug 16 2018 // New York City, the largest American market for Uber, has become the first U.S. city to regulate the growth of app-based rides. Democratic Mayor Bill de Blasio on Tuesday signed a bill placing a temporary cap on new...
AF Group Drives into Commercial Auto with Fundamental
Aug 6 2018 // Lansing, Michigan-based AF Group is branching out from its traditional base in workers’ compensation into the specialty commercial auto insurance niche, driven by a new operating company, Fundamental...
City Council Aims to Make New York First U.S. City to Cap Uber, Others
Jul 30 2018 // New York City is moving toward becoming the first major U.S. municipality to cap ride-sharing services, sparking a tsunami of protest on Friday from Uber and others, which warned that those living in far-flung...
Protective Insurance, AmWINS to Offer For-Hire Commercial Trucking Product
Jul 23 2018 // Protective Insurance Co., a property-casualty insurer specializing in trucking and workers’ compensation, has partnered with AmWINS Transportation Underwriters (ATU) to offer a program to support for-hire commercial...
Daimler Deploying Self-Driving Taxis in California Test Program
Jul 11 2018 // German automaker Daimler AG and auto supplier Bosch Corp will deploy self-driving taxis in California’s Silicon Valley region next year as part of a test program of vehicles designed for city driving, the two...
AF Group Drives into Commercial Auto with Fundamental Underwriters
Jul 11 2018 // Lansing, Michigan-based AF Group is branching out from its traditional base in workers’ compensation into the specialty commercial auto insurance niche, driven by a new operating company — Fundamental...
NYC Drivers for Uber, Other Apps to Get Vision Care Coverage
Jul 2 2018 // Drivers for car services and ride-hailing apps like Uber and Lyft are usually on their own when it comes to buying health insurance, but starting Sunday in New York they will now be able to get coverage for vision care as...
Honolulu Bills Aimed at Taxi, Ridesharing Companies
Jun 25 2018 // Officials in Honolulu, Hawaii are introducing two bills that would make regulations on traditional taxicab companies more in line with regulations on ridesharing companies. Taxi companies such as Charley’s, The Cab...
Fitch Sees Small Profit But Still Negative on U.S. Commercial Lines Outlook
May 18 2018 // After a tumultuous 2017, the U.S. commercial lines market should eke out a small underwriting profit in 2018 assuming catastrophe losses return to more historical norms, Fitch Ratings said in a new report. Still, Fitch is...
Commercial Auto Insurers Catching Up with Telematics
May 17 2018 // Though adopted early by personal lines insurers, telematics technology is just coming into its own in the commercial auto space. Powered by InsuranceJournal.tv According to Zach Schmiesing, director, Commercial Lines,...
Charter Bus Carrying High School Chorus Crashes in South Carolina, 17 Injured
May 1 2018 // Authorities say 17 people were hurt, two seriously, when a charter bus carrying a high school chorus team crashed in South Carolina. Colleton County Fire-Rescue Chief Barry McRoy tells WCIV-TV the crash happened early...
U.S. Transportation Agency Sets Process for Approval of Drone Taxis
May 1 2018 // On-demand robotic flying taxis and drone deliveries are years away from reality, but the U.S. Department of Transportation has removed at least one barrier to their operation. Responding to work by companies including...