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Post New Topic Forum    Rideshare News

Uber losses slam stock of James River as insurer cancels all policies

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Uberserge
1300 Rider Driver
 Posted 5 years, 2 months ago
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Sergio Avedian (Uberserge)
1300 Rider Driver
Ride Apprentice from Los Angeles, CA

Blogger, Podcaster, Active Rideshare Driver/Coach

Active Uber/Lyft driver in Los Angeles, contributing writer for Rideguru and RSG (The Rideshare Guy), podcaster, rideshare driver coach, independent consultant to rideshare and tech companies.

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James River is cancelling all Uber driver policies as of 12-31-2019. We'll see how UBER will deal with this, they will most likely double or triple the service fee of which drivers won't receive a cut or they'll start their own insurance exchange amd sell drivers insurance for Phase 1,2 and most importantly 3. 


https://www-marketwatch-com.cdn.ampproject.org/v/s/www.marketwatch.com/amp/story/guid/48B149E0-EA9C-11E9-99D6-6DACAE673D2F?amp_js_v=a2&amp_gsa=1&usqp=mq331AQCKAE%3D#aoh=15706629950986&referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s&ampshare=https%3A%2F%2Fwww.marketwatch.com%2Fstory%2Finsurer-james-rivers-stock-craters-after-it-cancels-all-policies-issued-to-uber-unit-2019-10-09



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