Latest Commercial Auto Headlines

All the headlines from our Commercial Auto Topic Page, ordered by recency.

Paris Taxi Driver Files Legal Complaint Against Tesla After Fatal Crash

Mar 21 2022 // A Paris taxi driver whose Tesla Model 3 crashed in December, killing one person, has filed a legal complaint against the U.S. carmaker, his lawyer said on Sunday.The French government said in the days after the accident...

First Chicago Launches Commercial Auto Insurance Program in Illinois And Indiana

Mar 15 2022 // First Chicago Insurance Company announced it recently launched its augmented commercial auto insurance program in Illinois and Indiana. The program covers owned or leased Vehicles, hired autos, non-owned, temporary...

Taxi Driver Shot by Off-Duty Officer Settles With New York County for $2M

Mar 10 2022 // A cab driver who was wounded by an off-duty police officer in a 2011 road-rage shooting has settled his lawsuit against New York’s Nassau County for $2 million.Newsday reports that county legislative committees...

Social Inflation Increased Commercial Auto Claim Costs by $20B Over 10 Years

Mar 7 2022 // The insurance industry is ringing alarm bells about the cost of social inflation again, this time with the help of an actuarial analysis that concludes the phenomenon added more than $20 billion to the cost of commercial...

Actuaries: Social Inflation Increased Commercial Auto Claim Costs by $20B Over 10 Years

Feb 24 2022 // The insurance industry is ringing alarm bells about the cost of social inflation again, this time with the help of an actuarial analysis that concludes the phenomenon added more than $20 billion to the cost of commercial...

Insurance Technology: Betterview Features Defensible Space; Clara Analytics Tackles Commercial Auto; Ascend Raises $30M for Premium Finance

Feb 8 2022 // Betterview, an insurtech provider of property intelligence to property/casualty insurance companies, now has available what it calls its Defensible Space feature that enables insurers using the company’s Remote...

Commercial Auto Among Lines With Flattening Rates in 2022, USI Forecast Predicts

Feb 7 2022 // Although it wasn’t the headline of a commercial insurance broker’s market pricing report last month, the report’s observation that “commercial auto liability coverage rates are starting to...

New York Man Charged with Murdering Woman in Murder-for-Hire Scheme

Nov 18 2021 // A Queens, New York, man has been charged with murdering a woman for life insurance benefits.A superseding indictment was filed in federal court in Brooklyn charging Cory Martin with murder-for-hire and conspiracy to commit...

Commercial Auto Insurers Improved Results in 2020: AM Best

Nov 15 2021 // The U.S. commercial auto insurance market turned in results for 2020 that were the best it has seen in several years, although it still did not achieve an underwriting profit.Despite several years of price increases and...

EU Cybersecurity Agency Warns of Threat From Hackers-for-Hire

Oct 28 2021 // Hackers-for-hire emerged as the biggest threat to online security in the last 15 months, with the COVID-19 pandemic and home working creating opportunities for cybercriminals, EU cybersecurity agency ENISA said in its...

Commercial Auto Insurance Profitability Still Way Down the Road: S&P

Sep 20 2021 // U.S. commercial auto insurers face some blips and disruptions on their road to profitability due to inflation and the spotty post-pandemic economic recovery.According to a Standard & Poor’s Global Ratings report,...

Dutch Court Rules Uber Drivers Are Taxi Employees, Not Contractors

Sep 13 2021 // Uber drivers are employees entitled to greater workers’ rights under local labor laws, a Dutch court ruled on Monday, handing a setback to the U.S. company’s European business model.It was another court victory...

Commercial Auto Insurance Profitability Still Way Down the Road: S&P

Sep 8 2021 // U.S. commercial auto insurers face some blips and disruptions on their road to profitability due to inflation and the spotty post-pandemic economic recovery.According to a Standard & Poor’s Global Ratings report,...

Amazon’s Solution to Delivery Driver Shortage: Recruit Pot Smokers

Sep 3 2021 // Amazon.com Inc. has a solution for a potentially crippling shortage of delivery drivers: Recruit pot smokers.The company is advising its delivery partners — the mom and pops that operate the ubiquitous blue Amazon...

Texas Takes 1.6K Commercial Vehicles Off the Road After International Roadcheck

Aug 19 2021 // Texas public safety officials said on Aug. 18 that an inspection of 6,288 commercial motor vehicles in the state resulted in more than 1,000 citations, over 18,500 warnings and more than 1,600 vehicles taken out of service...

Flying Taxi Maker Archer Countersues Rival Wisk for $1B Over Trade Secret Accusations

Aug 12 2021 // Flying taxi developer Archer Aviation is seeking $1 billion in damages from Wisk Aero, a rival backed by Boeing and Google co-founder Larry Page’s Kitty Hawk Corp., according to a court filing, raising the stakes in...

New Hampshire State Police Discover 100-Plus Commercial Vehicle Violations

Aug 3 2021 // The New Hampshire State Police discovered 189 commercial vehicle violations following a day-long focus on safety. Police said 42 of the violations discovered were so severe that they created a condition where the vehicle...

Texas Senate Passes Commercial Auto Tort Reform Bill

May 21 2021 // A bill that proponents say will help control abusive lawsuits against commercial motor vehicle operators following accidents has passed the Texas Senate.House Bill 19 would have a big impact on the commercial auto...

Europe’s Aviation Regulator Says Flying Taxis Could Be Airborne by 2024 or 2025

May 21 2021 // PARIS – Europe could see the first flying taxis enter service as early as 2024, the region’s top aviation regulator said on Wednesday.More than half a dozen European firms have announced developments of Urban Air...

Trial Operations of Flying Taxis, Cargo Drones Will Begin in England This Year

May 20 2021 // Trial operations of flying taxis and cargo drones will begin in Coventry, England, before the end of the year as part of a plan to develop “aerial roads” for unmanned flights in urban areas.The project, backed...