Canadian Underwriter

Keyword
Lyft

News Legislation / Regulation

Saskatchewan approves ride hailing rules

December 7, 2018 Ryan McKenna - THE CANADIAN PRESS

REGINA – Saskatchewan has approved ride-hailing regulations but it could be a while before companies and drivers hit the road in the province’s two biggest cities. Rules are to take effect on Dec. 14 but the minister responsible for Saskatchewan

News Insurance

Magna International partnering with Lyft on self driving vehicle systems

March 15, 2018 THE CANADIAN PRESS

AURORA, Ont. – Auto parts manufacturer Magna International says it has struck a multi-year collaboration with rideshare company Lyft to jointly fund, develop and manufacture self-driving systems at scale Aurora, Ont.-based Magna says the co-developed self-driving systems could be used

Feature Claims

Rideshare Redux

January 17, 2018 Jason Contant, Online Editor

California-based Lyft is coming to Canada. Has the industry learned from Uber?

News InsuranceMarkets / CoveragesTechnology

Provincial board approves new ride-hailing insurance rates

January 16, 2018 The Canadian Press

WINNIPEG – Manitoba’s Public Utilities Board has approved new insurance rates for ride-hailing company drivers that businesses such as Uber and Lyft have said will keep them setting up shop in Winnipeg. The board has given approval to a Manitoba

News ClaimsInsuranceLegalMarkets / CoveragesProducts

Regulator weighs in on disputed ridesharing claims

December 20, 2017 David Gambrill, Editor-in-Chief

Disputes among Ontario auto insurers, arising from collisions involving vehicles used for multiple ridesharing providers, will likely be handled in the same way insurers handle priority disputes in accident benefits claims, Ontario’s insurance regulator told Canadian Underwriter Wednesday. Aviva Canada

News InsuranceTechnology

How Aviva will cover Lyft in Canada

December 12, 2017 David Gambrill, Editor-in-Chief

Aviva Canada will be the official commercial automobile insurance provider for the California-based ride-sharing program Lyft, which is anticipated to start operations in Canada this month. Aviva will cover Lyft through a commercial insurance fleet policy. Coverage and limits vary,

News InsuranceMarkets / CoveragesTechnology

Adjusters wonder how to verify ridesharing driver hours

November 24, 2017 Jason Contant, Online Editor

Verifying the number of hours a driver uses ridesharing services such as Uber and Lyft could be problematic for underwriters and adjusters, one adjuster told Canadian Underwriter on Wednesday. “In the course of their investigation, an adjuster can ask, ‘How

News InsuranceMarkets / CoveragesTechnology

Are Lyft drivers insured like Uber drivers?

November 21, 2017 Jason Contant, Online Editor

Given Lyft’s promised arrival in Canada by the end of the year, insurance coverage for the ride-sharing service remains a big question mark. “I am concerned because I have not yet heard that Lyft has contracted with anyone to provide

News InsuranceMarkets / CoveragesTechnology

Ride-hailing service Lyft expanding to Toronto market in first push outside U.S.

November 13, 2017 The Canadian Press

TORONTO – Ride-hailing company Lyft is bringing its service to Canada. The company announced Monday that it is coming to Toronto in what will be its first expansion outside of the United States. “Our passports are packed and we’re crossing

News InsuranceMarkets / CoveragesMergers and AqcuisitionsTechnology

Lyft forms own autonomous vehicle unit, will open network

July 24, 2017 The Associated Press

DETROIT – Lyft said Friday that it is setting up its own unit to develop autonomous vehicle technology, but its approach will be different from other companies and partnerships working on self-driving cars. The San Francisco-based ride-hailing service said it

News InsuranceMergers and AqcuisitionsTechnology

Platform provider revenues for sharing economy forecast to double in 2022: Juniper Research

July 24, 2017 by Canadian Underwriter

The move by established sectors to press their first-mover advantage looks poised to push growth in the sharing economy much higher over the next five years, reaching US$40.2 billion in 2022, notes a new research report released Monday by U.K.-based

News InsuranceMergers and AqcuisitionsProductsTechnology

Waymo, Lyft to team up on self-driving vehicles

May 15, 2017 The Associated Press

NEW YORK – Waymo, the self-driving car company owned by Google’s parent Alphabet Inc., and Lyft Inc. are teaming up to road test autonomous cars in a potential challenge to Uber Technologies Inc. In its statement, Lyft said Waymo holds