Canadian Underwriter

Keyword
Uber

Rideshare driver calls his insurance company after a minor accident
News BrokersClaimsInsurance

Brokers: how to advise rideshare drivers on their deductibles

March 15, 2024 Philip Porado

Drivers working for rideshare and delivery companies must be careful when setting deductibles on personal auto coverage. And they need to make sure their personal insurers know they’re doing rideshare work and carry the appropriate endorsements. A lot of drivers

Rideshare driving checking on his app to get a new customer
News BrokersClaimsInsuranceLegal

Do gig-driver clients have the right auto coverage?

March 11, 2024 Philip Porado

With accident claims up sharply post-pandemic, transportation network companies (TNCs) like Uber, Lyft and others are aggressively managing the insurance coverage they offer to gig drivers to ensure they have a handle on fraud. “You’re going to get some claims

Food delivery driver in action
News BrokersClaimsInsuranceLegal

How accident claims hit rideshare drivers’ personal auto policies

January 26, 2024 Philip Porado

There seems to be a disconnect between drivers and their insurers about the ability to access personal auto coverage when driving for food delivery or rideshare companies like Uber, Lyft and others. While there’s no hard data to quantify a

Autonomous smart truck
News InsuranceMarkets / CoveragesTechnology

Toronto self-driving company strikes partnership with Uber Freight

September 22, 2023 The Canadian Press

TORONTO – Self-driving tech company Waabi says it has struck a partnership with Uber Technologies Inc.’s freight division to accelerate autonomous trucking adoption. Toronto-based Waabi says the partnership will combine its core self-driving technology with Uber Freight’s logistics platform and

Feature InsuranceLegalLegislation / Regulation

Why Uber has a new insurer

October 23, 2020 Jason Contant, Online Editor

After a five-year-long business relationship with Intact, ridesharing giant Uber moved its business to Economical. What prompted the move?

News InsuranceLegislation / RegulationMarkets / Coverages

Why Uber Canada dropped Intact as its insurance provider

September 16, 2020 by Greg Meckbach

Ride sharing firm Uber Canada chose Economical as its insurance provider because Uber would not agree to Intact’s pricing, a senior Intact executive said Tuesday. “We had a very good relationship, we just couldn’t agree on the price,” Intact CFO

News Insurance

How possible is a hybrid insurance model for the sharing economy?

August 24, 2020 by Jason Contant

Being able to distinguish between personal and commercial usage is one of the biggest unique differences with underwriting for the sharing economy, but the abundance of data available makes a hybrid insurance model possible, Economical Insurance said recently. “You can

News Insurance

Economical to take over commercial ridesharing insurance coverage from Intact

August 21, 2020 by Jason Contant

Economical Insurance will replace Intact Insurance as the commercial auto insurer for Uber in four Canadian provinces effective Sept. 1. Waterloo, Ont.-based Economical announced Tuesday in a press release the “new and significant relationship with Uber in Canada, designed to

News InsuranceLegalRiskTechnology

Ride-hailing in Vancouver area detours to courts

January 29, 2020 The Canadian Press

Ride-hailing is common in many major Canadian cities, but the long-awaited arrival of Uber and Lyft in Metro Vancouver last week has produced lawsuits and a vow by Surrey’s mayor to keep the companies’ drivers off the streets. Premier John

News Technology

Uber autonomous vehicle testing resumes in Toronto

December 20, 2018 Ian Bickis - THE CANADIAN PRESS

TORONTO – Uber Technologies Inc. says its self-driving vehicles have returned to the streets of Toronto in a modified program after it halted testing earlier this year when one of its autonomous vehicles struck and killed a pedestrian in Arizona.

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 Markets / CoveragesTechnology

Why fully automated cars are a lot further away than you think

July 8, 2018 by Jason Contant

Don’t hold your breath waiting for the first fully autonomous car to hit the streets anytime soon. Car manufacturers have projected for years that we might have fully automated cars on the roads by 2018. But for all the hype that