Keyword
Uber
Volvo Cars and Uber join forces to develop autonomous driving cars
August 18, 2016 by Canadian UnderwriterSwedish 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…
City of Toronto issues Private Transportation Company licence to Uber
August 17, 2016 by Canadian UnderwriterThe City of Toronto announced on Tuesday that it has issued a Private Transportation Company (PTC) licence to Uber, calling it the first of its kind in Canada. Since Toronto City Council gave Uber the green light to operate legally…
Ontario approves commercial fleet coverage for ride sharing
July 7, 2016 by Canadian UnderwriterThe Ontario government announced Thursday it has approved a regulatory change allowing “commercial fleet insurance to be offered for vehicles that can be hired through an online application.” Ontario auto insurers “can now develop insurance policies for purchase by ride-share…
Aon supports Alberta’s move to give the green light to ridesharing insurance
July 6, 2016 by Canadian UnderwriterAon 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…
Aviva Canada, Pembridge Insurance offer personal coverage for ridesharing drivers in Alberta
July 2, 2016 by Canadian UnderwriterAviva 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.…
Alberta’s new insurance policy for TNCs a first for a Canadian province, policy available July 1
June 30, 2016 by Canadian UnderwriterA 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…
Ontario’s Region of Waterloo gives green light to non-traditional taxis
June 10, 2016 by Canadian UnderwriterThe Region of Waterloo in Ontario announced earlier this week that a new taxi bylaw, set to be implemented in October, will include “consistent insurance requirements for traditional and non-traditional taxis.” The bylaw will also include new licensing ratios and…
Alberta introduces new regulations for ride for hire firms like Uber
May 18, 2016 The Canadian PressEDMONTON – 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…
Uber gets green light from city council to operate legally in Toronto
May 4, 2016 The Canadian PressTORONTO – 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…
Consistent approach by Canada’s p&c insurers essential to address existing, emerging issues: IBC chair
April 21, 2016 Angela Stelmakowich, EditorCollaboration and consistency among Canada’s property and casualty insurers will be key as the industry looks to tackle top-of-mind issues – like the sharing economy and overland flood – in a rapidly changing and increasingly complex environment, Sylvie Paquette, chair…
Ottawa city council approves new vehicle-for-hire regulations
April 13, 2016 by Canadian UnderwriterOttawa city council announced on Wednesday that it has approved new vehicle-for-hire regulations, making it one of the first Canadian jurisdictions to adopt regulations for private transportation companies (PTCs). In January, Edmonton became the first jurisdiction in Canada to legalize…
Private transportation companies would need $7 million of insurance under Toronto City Council recommendations
April 7, 2016 by Canadian UnderwriterPrivate transportation companies (PTCs) in Toronto would be required to carry a minimum of $2 million of collision and passenger hazard insurance, in addition to $5 million of commercial general liability insurance under proposed recommendations from Toronto City Council. Currently,…