Airbnb already provides reimbursement for property damage, now they've added liability insurance that will protect both hosts and their landlords should anyone get injured during a stay. The coverage is automatic and goes into effect in January; sadly it's U.S. only for now. [Airbnb]
The Olympics is seen as the biggest cash cow in history; all those tourists pilling into London with more money than sense (did you see how much those tickets were?). The notorious online home-renter Airbnb seriously wants a slice of that pie and is spending some major dough to make it happen, snapping up its UK competitor Crashpadder.