Ride-share insurance space to heat up as Uber given legal status
Now that Uber has received legal status in one of Canada’s biggest markets, insurers are already looking at new product offerings for this growing market
Quebec latest province to offer ride-share insurance
As the ride-sharing movement grows across Canada, the issue of sufficient driver coverage becomes an increasingly hot topic. In one province ride-sharing drivers now have an option for coverage from one major carrier, should ride-sharing be legalized there.
Uber is legal in Toronto – will insurers step up?
The City of Toronto has given Uber a green light to operate legally – could this pave the way for increased competition for ride-share insurance providers?
Self-driving cars could mean more sex in the driver’s seat
Testing is underway for self-driving cars in Canada – but some industry experts are concerned a “hands-off” approach to the wheel could mean hanky panky in the driver’s seat
The Toronto Taxi Alliance says Uber drivers must provide proof of insurance
As Toronto’s city council prepares to vote on Uber’s legality, both the ride-share company and taxi drivers are rallying against the proposal on the table. The taxi drivers want proof of insurance from ride-share drivers, while Uber has threatened to leave the city altogether should the measures pass
Higher Insurance Premiums Draw Condemnation from Newfoundland and Labrador Truckers’ Association
Price hikes for insurance premiums and diesel costs have the Atlantic Provinces Trucking Association calling foul, pointing to “serious implications” for truck drivers
Volvo announces self-driving car trial, self insurance too
Who’s at fault when a self-driven car is involved in an accident? According to one major manufacturer, the automaker should be, as it accepts full responsibility
“Not everyone needs to buy a Mercedes” – brokers must communicate FSCO cost savings to clients
Reductions to auto premiums and accident benefits will take effect on June 1 – but do your clients understand the associated cost savings?
New analytics stop auto claims fraud in real time
Auto claims fraud continues to be an expensive challenge for insurers – now, a new analytics solution from FICO and Guidewire Software promises to pinpoint where fraud is happening, while the claim is still underway
Uber threatens to leave Toronto if insurance and licensing fees become reality
Uber is ready to throw in the towel should an upcoming Toronto City Hall debate not rule in the ride-share company’s favour