All the headlines from our Commercial Auto Topic Page, ordered by recency.
Nov 17 2023 // New York Governor Kathy Hochul announced a legislative proposal to improve safety within the limousine industry.The bill includes provisions requiring that stretch limousines be equipped with enhanced safety features and...
Nov 15 2023 // ETNA, Ohio (AP) – A charter bus carrying students from a high school was rear- ended by a semi-truck on an Ohio highway Tuesday morning, leaving three people dead and 15 others injured, according to an emergency...
Nov 6 2023 // Underwriting losses in U.S. commercial auto have returned to pre-pandemic levels and rate increases have not been enough to keep up with severity trends.“The liability component has been more problematic than the...
Oct 12 2023 // Approximately 78% of commercial auto insurers are in the research phase of preparing for usage-based insurance (UBI) products, according to a new report from The National Alliance for Insurance Education and Research and...
Oct 4 2023 // Underwriting losses in U.S. commercial auto have returned to pre-pandemic levels and rate increases have not been enough to keep up with severity trends.“The liability component has been more problematic than the...
Sep 29 2023 // On-demand insurance platform INSHUR launched its insurance offering for on-demand livery drivers in Arizona, its second state in the U.S. following New York. This comes after the company’s acquisition of American...
Aug 8 2023 // A charter bus carrying up to 50 people collided with a vehicle on an interstate in Pennsylvania, killing three people, state police said.The crash happened during heavy rain around 11:50 p.m. Sunday on southbound...
Jun 30 2023 // Mercenary hackers increasingly are targeting law firms in a bid to steal data that could tip the balance in legal cases, French and British authorities say, echoing a Reuters investigation that uncovered the phenomenon...
Jun 29 2023 // Nationwide E&S will stop writing wholesale-driven contract binding commercial auto new business, including primary brokerage auto effective July 15, according to an announcement released to Nationwide brokers this week...
May 19 2023 // A limousine service manager was convicted of manslaughter Wednesday in a crash that killed 20 people in rural New York, one of the deadliest U.S. road wrecks in two decades.Jurors reached their verdict during their second...
May 18 2023 // The operator of a limousine company who has been accused of acting recklessly and causing the deaths of 20 people, is not to blame for the 2018 upstate New York crash, because he tried his best to repair and maintain the...
May 10 2023 // A limousine company operator on trial for a crash that killed 20 people in upstate New York was portrayed by a prosecutor Monday as directly responsible for the deaths, while a defense lawyer argued he was simply in the...
May 3 2023 // Nearly five years after a stretch limousine packed with birthday revelers careened down a hill and off a road in rural upstate New York, killing 20 people, the operator of the company that rented out the vehicle is going...
Apr 25 2023 // A Florida prosecutor has ordered an investigation in a confrontation in which a homeowner fired shots into a couple’s car when they mistakenly turned onto his property while making a late-night grocery delivery....
Feb 14 2023 // OpenEyes, an insurtech serving commercial automotive fleets, today emerged from stealth with $18 million in Series A funding led by global software investor Insight Partners and Pitango First, with participation by MoreVC,...
Jan 10 2023 // Insurance brokerage USI is forecasting that half of 32 commercial insurance product lines analyzed will experience softer pricing in the first half of 2023—including a predicted “buyer’s market” for...
Dec 1 2022 // Michigan-based Ford Credit announced plans to launch Ford Pro Insure, a new commercial auto insurance product powered by Pie Insurance. “Ford Pro customers have come to expect a complete set of products and services...
Nov 23 2022 // A California company seeking to build small electric aircraft says it will invest $118 million to construct a plant near Atlanta, eventually hiring up to 1,000 people.Archer Aviation, based in Santa Clara, California, said...
Nov 21 2022 // The U.S. Federal Aviation Administration (FAA) on Monday proposed new rules that would help pave the way for commercial air taxi operations by around the middle of the decade.Electric vertical takeoff and landing aircraft...
Nov 9 2022 // Financial services holding company Ambac Financial Group, Inc. announced that it has acquired majority stakes in both All Trans Risk Solutions, LLC and Capacity Marine Corp, both of Mahwah, New Jersey.All Trans is a...