Latest Commercial Auto Headlines

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

Commercial Auto: Profitability Issues Remain, but There’s Light at the End of Tunnel

Oct 1 2018 // Despite insurers’ best efforts to increase rates to compensate for losses, commercial auto continues to be an unprofitable line. In less than a decade, despite continued increases in premiums, two major carriers have...

Charter Bus Runs Off West Texas Road, Injuring 20

Sep 17 2018 // Twenty people have been taken to El Paso hospitals for treatment after a charter bus ran off a road southeast of the city.Texas Department of Public Safety Lt. Elizabeth Carter says the accident happened along an...

Next Insurance Rolls Out Commercial Auto Policy

Sep 13 2018 // Small business-focused digital insurance carrier Next Insurance has launched a commercial auto insurance policy available entirely online with no extra fees.Small businesses can now purchase a commercial car insurance...

Ridesharing Workers of Gig Economy: What Census Numbers Show

Aug 30 2018 // How big is the gig economy? The answer depends on how one defines “gig economy.”Because there is no broadly accepted definition and no straightforward way to classify workers or jobs as “gig” or...

Commercial Lines Premiums Up 2% in Q2: CIAB Survey

Aug 23 2018 // The trend of increasing commercial insurance premiums that began in the fourth quarter of 2017 continued last quarter. Average premiums across all sized accounts increased by 1.5 percent in Q2, according to The Council of...

NYC Mayor Signs Bill Capping New Ride-Hail Licenses

Aug 16 2018 // New York City, the largest American market for Uber, has become the first U.S. city to regulate the growth of app-based rides.Democratic Mayor Bill de Blasio on Tuesday signed a bill placing a temporary cap on new licenses...

AF Group Drives into Commercial Auto with Fundamental

Aug 6 2018 // Lansing, Michigan-based AF Group is branching out from its traditional base in workers’ compensation into the specialty commercial auto insurance niche, driven by a new operating company, Fundamental...

City Council Aims to Make New York First U.S. City to Cap Uber, Others

Jul 30 2018 // New York City is moving toward becoming the first major U.S. municipality to cap ride-sharing services, sparking a tsunami of protest on Friday from Uber and others, which warned that those living in far-flung...

Protective Insurance, AmWINS to Offer For-Hire Commercial Trucking Product

Jul 23 2018 // Protective Insurance Co., a property-casualty insurer specializing in trucking and workers’ compensation, has partnered with AmWINS Transportation Underwriters (ATU) to offer a program to support for-hire commercial...

Daimler Deploying Self-Driving Taxis in California Test Program

Jul 11 2018 // German automaker Daimler AG and auto supplier Bosch Corp will deploy self-driving taxis in California’s Silicon Valley region next year as part of a test program of vehicles designed for city driving, the two...

AF Group Drives into Commercial Auto with Fundamental Underwriters

Jul 11 2018 // Lansing, Michigan-based AF Group is branching out from its traditional base in workers’ compensation into the specialty commercial auto insurance niche, driven by a new operating company — Fundamental...

NYC Drivers for Uber, Other Apps to Get Vision Care Coverage

Jul 2 2018 // Drivers for car services and ride-hailing apps like Uber and Lyft are usually on their own when it comes to buying health insurance, but starting Sunday in New York they will now be able to get coverage for vision care as...

Honolulu Bills Aimed at Taxi, Ridesharing Companies

Jun 25 2018 // Officials in Honolulu, Hawaii are introducing two bills that would make regulations on traditional taxicab companies more in line with regulations on ridesharing companies.Taxi companies such as Charley’s, The Cab...

Fitch Sees Small Profit But Still Negative on U.S. Commercial Lines Outlook

May 18 2018 // After a tumultuous 2017, the U.S. commercial lines market should eke out a small underwriting profit in 2018 assuming catastrophe losses return to more historical norms, Fitch Ratings said in a new report.Still, Fitch is...

Commercial Auto Insurers Catching Up with Telematics

May 17 2018 // Though adopted early by personal lines insurers, telematics technology is just coming into its own in the commercial auto space.According to Zach Schmiesing, director, Commercial Lines, IoT/Telematics at Verisk Analytics,...

Charter Bus Carrying High School Chorus Crashes in South Carolina, 17 Injured

May 1 2018 // Authorities say 17 people were hurt, two seriously, when a charter bus carrying a high school chorus team crashed in South Carolina.Colleton County Fire-Rescue Chief Barry McRoy tells WCIV-TV the crash happened early...

U.S. Transportation Agency Sets Process for Approval of Drone Taxis

May 1 2018 // On-demand robotic flying taxis and drone deliveries are years away from reality, but the U.S. Department of Transportation has removed at least one barrier to their operation.Responding to work by companies including...

Three Men Sentenced in Delaware Murder-For-Hire Scheme

Apr 23 2018 // Three men found guilty in a murder-for-hire scheme in Delaware have been sentenced.News outlets report 46-year-old Ryan Shover, 53-year-old Michael Kman and 55-year-old Paul Disabatino are the last of four men sentenced in...

Ryder Rolls Out Commercial Vehicle Sharing Program

Mar 27 2018 // The sharing economy is coming to the truck rental industry.Truck leasing and rental firm Ryder System is launching an online sharing platform that offers fleet owners with idle vehicles the opportunity to rent their...

Conviction Stands for Delaware Murder-for-Hire Mastermind

Mar 22 2018 // Delaware’s top court has denied the appeal of the man convicted of masterminding the murder-for-hire killings of his business partner and the partner’s wife.The News Journal reports the Delaware Supreme Court...