Latest Commercial Auto Headlines
All the headlines from our Commercial Auto Topic Page, ordered by recency.
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...
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...
