Canadian Underwriter

Keyword
Uber


News InsuranceMergers and AqcuisitionsTechnology

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

News AssociationsInsuranceLegislation / RegulationMergers and AqcuisitionsTechnology

City of Toronto issues Private Transportation Company licence to Uber

August 17, 2016 by Canadian Underwriter

The 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

News Insurance

Ontario approves commercial fleet coverage for ride sharing

July 7, 2016 by Canadian Underwriter

The 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

News InsuranceLegalMergers and AqcuisitionsTechnology

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

News InsuranceLegislation / RegulationTechnology

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.

News InsuranceLegislation / RegulationMarkets / CoveragesMergers and Aqcuisitions

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

News InsuranceMarkets / CoveragesMergers and AqcuisitionsTechnology

Ontario’s Region of Waterloo gives green light to non-traditional taxis

June 10, 2016 by Canadian Underwriter

The 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

News InsuranceLegislation / RegulationMergers and AqcuisitionsTechnology

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

News InsuranceLegislation / RegulationMergers and AqcuisitionsTechnology

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

News AssociationsInsurance

Consistent approach by Canada’s p&c insurers essential to address existing, emerging issues: IBC chair

April 21, 2016 Angela Stelmakowich, Editor

Collaboration 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

News InsuranceLegislation / RegulationMergers and Aqcuisitions

Ottawa city council approves new vehicle-for-hire regulations

April 13, 2016 by Canadian Underwriter

Ottawa 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

News InsuranceLegislation / RegulationMergers and Aqcuisitions

Private transportation companies would need $7 million of insurance under Toronto City Council recommendations

April 7, 2016 by Canadian Underwriter

Private 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,