transportation network companies (TNCs) News

Buckle Expands Rideshare Auto Insurance Into Tennessee

Buckle, a tech-enabled financial services company, has expanded its rideshare-only auto insurance into Tennessee. Last year, the company launched the insurance offering that provides rideshare and transportation network company (TNC) drivers with personal and commercial coverage in one policy to …

Lawsuit Alleges Uber Uses ‘Biased’ Rider Ratings to Fire Drivers

Uber Technologies Inc. was accused in a lawsuit of violating the U.S. Civil Rights Act by firing minority drivers based on how they’re rated by customers. “Uber is aware that passengers are prone to discriminate in their evaluation of drivers, …

Farmers Expands Program, Now Insuring Uber Drivers in 14 States and D.C.

Farmers Insurance has expanded its relationship with Uber by providing commercial automobile insurance to its ridesharing drivers in 12 additional states and the District of Columbia. In addition to the District of Columbia, Farmers will insure Uber drivers in Delaware, …

James River Insurance Retains Rating After Dropping Its Biggest Customer, Uber

Ratings agency A.M. Best said its ratings of James River Insurance remain unchanged after the insurer said it would be cancelling its business with ride-hailing giant Uber affiliate, Rasier, its largest client. A.M Best said the Financial Strength Rating of …

Lyft, Uber Bypass House Panel Hearing on Transportation Safety and Labor Conditions

Uber Technologies Inc. and Lyft Inc. skipped a U.S. House of Representatives hearing the ride-hailing industry, angering lawmakers who threatened tighter regulation for the fast-growing market. The two ride-hailing companies had been asked to appear as part of a House …

How Cabbies Are Morphing Into Hybrid Taxi-Ridesharing Firms

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 if-you-can’t-beat-them, join-them-strategy. Pittsburgh Yellow Cab, for example, …

Florida Uber Driver Shoots, Kills Would-Be Robber

Police say an Uber driver fatally shot a would-be robber who tried to ambush him near an upscale South Florida mall. Aventura police spokesman Chris Goranitis told local media that the driver had picked up a passenger about 5:30 a.m. …

Atlanta OKs Ridesharing Services at Airport

The Atlanta City Council has approved a plan to allow Uber and other ridesharing services at Hartsfield-Jackson Atlanta International Airport. WXIA-TV reports the city council approved the plan 14-1 at its Monday meeting. It will take effect January 1, 2017. …

Fingerprinting Is Key Sticking Point for New Jersey’s Rideshare Regs

When Democratic New Jersey Assemblyman Joseph Lagana decided to regulate ride-sharing companies like Uber and Lyft in the state, his said his main priority was making sure the drivers were properly insured. Two years later, his measure includes a provision …

Farmers Insurance Expands Rideshare Insurance Coverage to 3 States

Farmers Insurance has expanded its Rideshare Insurance Coverage to drivers in Idaho, Maryland, and North Dakota. Farmers worked with representatives of the states’ insurance departments, legislators and leaders of Transportation Network Companies (TNCs) to develop a product specifically designed for …