Latest Commercial Auto Headlines
All the headlines from our Commercial Auto Topic Page, ordered by recency.
Commercial Automobile Remains Sore Spot in P/C: A.M. Best
Jan 19 2018 // The performance of the commercial automobile segment continued to deteriorate through third quarter 2017, according to a new A.M. Best report. Commercial auto has been a sore spot in the property/casualty for several...
GM Seeks OK for Self-Driving Commercial Vehicle Without Steering Wheel for 2019
Jan 12 2018 // General Motors Co. is seeking U.S. government approval for a fully autonomous car – one without a steering wheel, brake pedal or accelerator pedal – to enter the automaker’s first commercial ride-sharing...
EU Ruling Upholding Taxi Rules for Uber a Contrast to U.S. Approach
Dec 22 2017 // A European Union decision to treat Uber Technologies Inc. like a taxi company spotlights a trans-Atlantic divide over how governments cope with disruptive technologies and could embolden U.S. cities to restrict the...
EU Court Rules Uber Should Be Regulated as Transport Firm, Not an App
Dec 20 2017 // Uber Technologies Inc. suffered a defeat when the European Union’s top court ruled its ride-hailing service should be regulated as a transport company, a decision that could set a precedent for the burgeoning gig...
Self-Driving Delivery Cars, Robot Taxis ‘Will Be Ready to Roll’ in 2018
Dec 5 2017 // Self-driving vehicles will be ready to roll next year, though the work to make them affordable to individual consumers is still “in the first inning,” according to the CEO of a company working on the...
GM Plans Fleets of Autonomous Robo-Taxis by 2019
Dec 1 2017 // General Motors Co. laid out its vision for self-driving vehicles on Thursday, telling investors it planned a commercial launch of fleets of fully autonomous robo-taxis in multiple dense urban environments in 2019, in a...
Chinese Startup Develops ‘Taxi Drone’ with Plans for 2018 Rollout
Nov 29 2017 // A Chinese startup has developed a flying car that it plans to roll out as soon as next year. EHang Inc.’s E-184 drone can carry one passenger in its small cockpit, but the firm says it’s working on a model that...
How Cabbies Are Morphing Into Hybrid Taxi-Ridesharing Firms
Nov 8 2017 // Taxi companies across the U.S. waged a bitter, high-profile battle to keep Uber Technologies Inc. and Lyft Inc. from bringing the sharing economy to cabs. They lost. Now the cabbies are adopting a...
ASC to Acquire Forestry Insurance Co. of the Southeast’s Commercial Auto Book
Nov 6 2017 // Accredited Surety and Casualty Company, Inc. (ASC), a subsidiary of Randall & Quilter (R&Q), has entered into an agreement with Forestry Insurance Company of the Southeast to acquire its commercial auto book of...
Investors in Litigation Financing Target Commercial Auto
Oct 31 2017 // Investor-funded litigation is not new but it is expanding its reach in commercial auto cases, according to experts in the field. Panelists at the 2017 Risk Management Summit in Las Vegas, Nev., addressed the growing trend...
Fighting Drivers of Commercial Auto Frequency, Severity
Oct 20 2017 // Litigation financing, distracted driving and unexpected verdicts are just some of the factors impacting commercial auto frequency and severity, according to panelists speaking at the 2017 Risk Management Summit this week...
Vegas Risk Management Summit Tackled Commercial Auto, Workers’ Comp And More
Oct 16 2017 // One factor driving continuously dismal commercial auto insurance losses is a spate of “nuclear cases” that are plaguing the industry with multi-million lawsuits. The amount of money and resources being put into...
Texas’ QEO Group to Write Commercial Auto with Clear Blue Insurance Group
Oct 12 2017 // Irving, Texas-based QEO Group LLC (QEO) and Clear Blue Financial Holdings LLC (Clear Blue), headquartered in North Carolina, have agreed to a long-term, exclusive relationship for QEO to write its commercial automobile...
Starr Cos. Now Offers Commercial Auto Coverages in Canada
Oct 11 2017 // Starr Cos. announced it has introduced commercial primary auto coverages in all provinces and territories in Canada. “This allows Starr to better support our primary general liability accounts by offering commercial...
Starr Adds Commercial Auto Coverage for Aviation Insureds
Oct 5 2017 // Starr Companies has added commercial auto coverage for aviation insureds. Auto coverage is available on an ‘any auto’ basis for fleets owned by companies operating in the aviation industry when purchased along...
After Deadly New York Crash, Schumer Seeks Charter Bus Safety Grades
Oct 2 2017 // U.S. Sen. Charles Schumer says charter bus companies should be graded for safety and the grades should be posted the way New York City posts restaurant letter grades. The New York Democrat says letter grades for bus safety...
Dubai Stages First Public Test of Drone Taxi Service with Electric Volocopter
Sep 27 2017 // Talk about rising above the masses. Dubai staged the first public test of its drone taxi service on Monday, offering a peek at what it might—or will—be like to commute by flying car. The self-piloting, electric...
Uber CEO Apologizes to Londoners for Taxi App’s Mistakes
Sep 26 2017 // Uber’s new boss Dara Khosrowshahi apologized to Londoners for the taxi app’s mistakes and pledged to make changes as the Silicon Valley firm tries to overturn a decision to strip it of its license in one of its...
Trial Nears for Final Defendant in Delaware Murder-For-Hire Case
Aug 29 2017 // A judge is holding a final case review for the last of four defendants charged in the murder-for-hire killings of a Delaware couple. Monday’s court proceeding comes as a trial looms for Dominique Benson in the 2013...
How to Catch Commercial Auto Use Fraud
Aug 7 2017 // Pulling the wool over the insurance company’s eyes seems like a victimless crime. After all, if a few dollars are saved by saying a car is a personal vehicle instead of the commercial work truck it really is, who...
