Brokers: how to advise rideshare drivers on their deductibles
March 15, 2024 Philip PoradoDrivers 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…
Do gig-driver clients have the right auto coverage?
March 11, 2024 Philip PoradoWith 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…
How accident claims hit rideshare drivers’ personal auto policies
January 26, 2024 Philip PoradoThere 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…
Why Uber Canada dropped Intact as its insurance provider
September 16, 2020 by Greg MeckbachRide 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…
Uber autonomous vehicle testing resumes in Toronto
December 20, 2018 Ian Bickis - THE CANADIAN PRESSTORONTO – 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.…
Saskatchewan approves ride hailing rules
December 7, 2018 Ryan McKenna - THE CANADIAN PRESSREGINA – 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…
What could stop insurers from being ‘uberized’
December 7, 2018 by Greg MeckbachAmazon and Google may disrupt the insurance industry some day, but don’t expect either of these firms to start underwriting, suggests the head of one of Canada’s largest property and casualty insurers. “The Googles and Amazons of this world might…
Uber privacy breach could affect 815,000 Canadians
December 12, 2017 Ian Bickis - THE CANADIAN PRESSCALGARY – Uber Canada said late Monday that 815,000 Canadian riders and drivers may have been affected as part of its worldwide data breach announced in November. The disclosure came the same day the federal privacy commissioner said it had…
Legalization of marijuana calls for ‘more thorough’ risk assessment from brokers: OIAA speaker
January 31, 2017 Greg Meckbach, Associate EditorThe legalization of marijuana for medicinal purposes is “creating a challenge” for claims adjusters and brokers alike, with a need for customized insurance policies for producers and for updating lease agreements, a speaker suggested at a conference Tuesday. “Possession of…
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…
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…