Gig economy

Northern Manhattan City Council Member Carmen De La Rosa wants to lower the minimum personal injury protection coverage for commercial ride-share cars in New York City from $200,000 to $50,000.

New York's insurance regulator issued a damning report laying out the severe financial condition of the city's largest insurer of taxis and for-hire vehicles, as well as dozens of potential financial improprieties and accounting problems.

The collaboration includes new custom-built solutions and claims expertise, and protects drivers whether they are on or off the clock.

Also: acquisitions by Accenture and Majesco, partnership news.

Income protection insurance plan geared to younger generations and remote workers.

A crucial point that many businesses engaged in the B2B sharing economy are increasingly aware of is that engagement often carries considerable liability risk, which is why it is of utmost importance for businesses to insure against this risk with robust verification services.

The partnership provides Lyft drivers with the opportunity to select an auto insurance policy that is built for rideshare drivers. Policyholders are also eligible to get money back with each ride using the Lyft platform.

SynchronoSure has three insurance products available in 48 states, and will be adding new products over the next 60 days. GigBOP, a low-end property/casualty product for the gig economy and small business accounts; a trucking general liability product designed to protect the office and garage operations for small trucking companies; and a recently announced excess liability product.

Outdoorsy had a problem: Its customers were taking more risk than necessary every time they lent out their vehicles.

A drop in rideshare volume spurred the decision to cover drivers pivoting to delivery services.