Latest Commercial Auto Headlines

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

Texas On-Demand Delivery Service Now Providing Commercial Auto Insurance to Drivers

Nov 19 2019 // Favor, the Texas-based on-demand delivery service, is now providing its entire Runner community of over 80,000 contract delivery drivers with commercial automobile liability insurance coverage during every active delivery...

‘Competition & Change’ in Commercial Auto, Workers’ Comp

Nov 4 2019 // Progressive has a competitive edge over long-term players in the commercial auto insurance market and national carriers outpace regionals on workers’ compensation profit measures, according to a new report from Guy...

Managing Liability from Electronic Logging Devices on Commercial Vehicles

Nov 4 2019 // Operating commercial vehicles, whether as a single driver or the owner of a fleet, carries with it significant liability. And, risks are only increasing. The commercial automobile insurance line has been a loss leader...

Hudson Appoints Homewood, Honken to Manage Commercial Auto

Nov 1 2019 // Hudson Insurance Group has made two appointments in its commercial auto business. Chris Homewood has been named senior vice president and head of Hudson’s commercial auto unit, while Ron Honken has been appointed...

Autonomous Deliveries Will Likely Catch on Before Taxis, Says Waymo CEO

Oct 29 2019 // True driverless cars have arrived from Waymo, the self-driving unit of Alphabet Inc., but the company’s chief executive officer says robot ride hailing may not be the first form of automotive autonomy to take off...

Profit Lessons in Commercial Auto, Workers Comp and Other Business

Oct 25 2019 // Progressive has a competitive edge over long-term players in the commercial auto insurance market and national carriers outpace regionals on workers compensation profit measures, according to a new report from Guy...

Prosecutor Says Repair Shop Billing Not to Blame for New York Limo Crash

Oct 18 2019 // A prosecutor says improperly billed brake work had nothing to do with the catastrophic brake failure on a stretch limousine that crashed and killed 20 people in rural upstate New York.District Attorney Susan Mallery said...

James River Insurance Retains Rating After Dropping Its Biggest Customer, Uber

Oct 18 2019 // Ratings agency A.M. Best said its ratings of James River Insurance remain unchanged after the insurer said it would be cancelling its business with ride-hailing giant Uber affiliate, Rasier, its largest client.A.M Best...

New York Limousine Crash Victims’ Relatives Call for Stronger Regulations

Oct 7 2019 // Relatives of some of the 20 people killed in an upstate New York stretch limousine crash urged quick action on safety legislation Thursday so other families won’t have to endure the grief they have carried for the...

NTSB Calls for National Safety Standards for Limousines Following New York Crash

Oct 3 2019 // The National Transportation Safety Board on Wednesday called for new national requirements for seating and seat belt systems on limousines, citing evidence gathered in investigations of accidents in New York, Illinois and...

Fairmatic Bets On Driver-Driven Premium Adjustments to Score in Commercial Auto

Sep 17 2019 // Managing general agent (MGA) Fairmatic has introduced a usage-based insurance model that features monthly commercial auto premium adjustments based on an insured’s driving behaviors.Fairmatic’s...

Uber, Lyft Balk at Revealing Contracted Drivers’ Names; Claim ‘Trade Secrets’

Sep 4 2019 // Uber Technologies Inc. and Lyft Inc. have argued to Chicago city officials that the names of their drivers should be treated as “trade secrets,” and should not be released because competitors could use the...

Top 10 Commercial Auto Insurers: Winners and Losers in Fast-Growing Market

Aug 29 2019 // The commercial automobile insurance segment is headed for its ninth straight year of underwriting losses when the books close at year-end 2019, analysts at Fitch Ratings predict in a new report.In fact, a decade of...

When Insurance Companies Fail at the Promise

Aug 28 2019 // I read an article last week about the intersection of gig work, an innocent injured party, insurance, and big business. Let me summarize the best I can. A driver is in traffic and is suddenly hit by another driver, who was...

Chronic Commercial Auto Insurance Underwriting Losses to Continue in 2019: Fitch

Aug 27 2019 // U.S. property/casualty insurers continue to face substantial underwriting losses on commercial automobile insurance and, following a statutory combined ratio of 108% in 2018, the segment is poised for a ninth consecutive...

Berkshire Hathaway GUARD Expands Commercial Auto into Delaware, Kentucky, D.C.

Jul 19 2019 // Berkshire Hathaway GUARD Insurance Companies have expanded its commercial automobile product into Delaware, Kentucky, and the District of Columbia.The company’s policy is designed for local and intermediate travel...

Motorbike Taxi Firms to Offer E-payment, Insurance Services in West Africa

Jun 12 2019 // Motorcycle taxi companies are expanding in West Africa with backing from investors betting that the meteoric rise of two-wheeled taxi firms in Asia can be replicated in some of the fastest growing countries in the...

New York Senate Passes New Limo Safety Rules Following Fatal Crash

Jun 10 2019 // The New York Senate approved new safety regulations Thursday for limousines, following an upstate crash that killed 20 people last fall.The nine bills endorsed Thursday include provisions that would require large stretch...

Prime Property & Casualty Enters Kansas Commercial Auto Market

Jun 6 2019 // Prime Property & Casualty Insurance Inc. (PPCI) has entered the Kansas commercial auto insurance market as an admitted carrier specializing in distressed and substandard risks.With PPCI, producers now have an insurance...

Report Says Many New York City Uber, Lyft Drivers Fail to Respond to Recalls

May 23 2019 // One out of six Uber and Lyft drivers in the New York City and Seattle areas are driving vehicles with outstanding recalls, according to Consumer Reports.But taking a taxi or limousine isn’t necessarily a safer...