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ridesharing


Feature InsuranceLegalLegislation / RegulationMarkets / Coverages

Fleet’s In

September 3, 2016 Daniel Strigberger, Lawyer, Samis + Company

Ontario’s new standard fleet auto policy gives the green light to ridesharing activities with a transportation network company and licensed insurers looking to cover these operations. Entry into the new space has not yet reached top speed, with only one insurer policy approved to date, but even early on, it appears as though there may be some potential risks for underlying vehicle insurers.

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Self-driving cars go public; Uber offers rides in Pittsburgh

August 19, 2016 Justin Pritchard and Tom Krisher - THE ASSOCIATED PRESS

SAN FRANCISCO – The option to hail a ride in a self-driving car, which was science fiction just a few years ago, will soon be available to Uber users in Pittsburgh, the first time the technology has been offered to

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Volvo Cars and Uber join forces to develop autonomous driving cars

August 18, 2016 by Canadian Underwriter

Swedish luxury premium car maker Volvo Cars and ridesharing company Uber have announced that they are joining forces to develop “next generation autonomous driving cars.” The two companies have signed an agreement to establish a joint project that will develop

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Ford plans to have fully autonomous commercial vehicle in ridesharing capacity by 2021

August 17, 2016 by Canadian Underwriter

Ford Motor Company has announced that it intends to have a “high-volume, fully autonomous SAE level 4-capable vehicle in commercial operation in 2021 in a ride-hailing or ride-sharing service.” To get there, the Dearborn, Mich.-based company said in a statement

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Intact’s commercial ridesharing insurance policy gets green light in Ontario

July 8, 2016 by Canadian Underwriter

The Financial Services Commission of Ontario has approved a commercial ridesharing insurance policy offered by Intact Financial Corporation (IFC) in partnership with Uber Canada. Effective July 7, 2016, IFC reports in a statement that the product will provide protection to

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Aon supports Alberta’s move to give the green light to ridesharing insurance

July 6, 2016 by Canadian Underwriter

Aon Risk Solutions is offering tailor-made personal line insurance policies that recognize ridesharing to the hundreds of Uber drivers who require coverage in Alberta. There are no restrictions related to driver age, years licensed or the amount of weekly ridesharing

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Aviva Canada, Pembridge Insurance offer personal coverage for ridesharing drivers in Alberta

July 2, 2016 by Canadian Underwriter

Aviva Canada and Pembridge Insurance have become the latest insurance companies to offer personal coverage for ridesharing drivers in Alberta. On Tuesday, the government of Alberta announced a new insurance policy for transportation network companies (TNCs) licensed in the province.

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Alberta’s new insurance policy for TNCs a first for a Canadian province, policy available July 1

June 30, 2016 by Canadian Underwriter

A new insurance policy for transportation network companies (TNCs) is available to insurance firms licensed in Alberta as of July 1, in line with the provincial government’s recently announced TNC framework geared at promoting fairness and road safety. The insurance

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Autonomous vehicle sales to reach 21 million globally by 2035: IHS Automotive

June 7, 2016 by Canadian Underwriter

Global autonomous vehicle sales will reach nearly 21 million by 2035, a substantial increase from previous estimates, according to the latest forecast from IHS Automotive. Released on Tuesday, the forecast is a major increase from previous estimates and is influenced

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Alberta introduces new regulations for ride for hire firms like Uber

May 18, 2016 The Canadian Press

EDMONTON – The Alberta government has introduced new rules to regulate ride-hailing companies such as Uber. Transportation Minister Brian Mason says that under Bill 16, anyone who wants to drive for such a company will have to have a professional

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Uber gets green light from city council to operate legally in Toronto

May 4, 2016 The Canadian Press

TORONTO – Uber is voicing its thanks after Toronto city council gave the ride-hailing service the green light to operate legally in the city. In a message to those who use its app, Uber said Toronto Mayor John Tory and

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Aviva Canada develops insurance product for Quebec ridesharing programs – if province allows them

May 4, 2016 by Canadian Underwriter

Aviva Canada announced on Wednesday that it has developed an “affordable and convenient insurance product that would bridge the insurance gap in Quebec,” if the provincial government decides to allow ridesharing programs. Aviva Canada, a provider of home, automobile, leisure/lifestyle