Uber Warns NYC Response to Insolvent Taxi Insurer Exposes Drivers December 11, 2024 By Natalie Lung Uber Technologies Inc. is asking New York City’s taxi regulator to reconsider proposed changes to commercial auto insurance requirements, saying...
New York City Weighs Slashing Cab Insurance 75% to $50,000 to Aid Drivers September 27, 2024 By Laura Nahmias The New York City Council will introduce legislation this week that would drastically reduce the amount of insurance coverage taxi...
NTSB Report Casts Doubt Truck’s Steering Locked in Crash That Killed Arizona Cyclists March 1, 2024 A newly released report on a fatal crash involving a pickup truck and a group of cyclists last year near...
Uber Driver Must Face Injury Claim for Picking Up Passenger 2 Feet From Curb October 19, 2023 Uber and one of its New York drivers who failed to pull within a foot of the curb when picking...
AM Best: Trouble Around the Bend for Commercial Auto Insurers After Good 2021? October 12, 2022 By Chad Hemenway For the first time in many years the commercial auto insurance segment enjoyed a combined ratio below 100 in 2021,...
MGA Pouch Debuts With ILS Capital Backing, Telematics for Small Commercial Fleets May 13, 2021 By Mark Hollmer Pouch, an insurtech MGA using telematics to reward small businesses for safe driving, disclosed it has raised some initial financing...
U.S. Commercial Auto Insurers Report Worst Losses in Decade: AM Best June 30, 2020 The U.S.commercial automobile insurance segment’s underwriting losses deepened to $4.0 billion in 2019, the segment’s worst loss in 10 years...
Bold Penguin Partners with Ohio’s State Auto on Commercial Insurance June 19, 2020 Bold Penguin, a commercial insurance technology provider, has added Columbus, Ohio-based State Automobile Mutual Insurance Co. (State Auto) to its...
Insurtech Buckle Acquires Atlas Financial’s Commercial Auto Subsidiary, Gateway June 17, 2020 Buckle, an insurtech startup focused on rideshare insurance, has acquired Gateway Insurance Co., a subsidiary of Schaumburg, Illinois-based Atlas Financial...
Louisiana’s Donelon Asks Commercial Auto Insurers to Offer COVID-19 Relief May 6, 2020 Louisiana’s chief insurance regulator wants insurers to consider offering premium relief to their commercial auto insurance customers due to the...