Uber Faces Operational Setback in New Mexico

June 27, 2014

New Mexico regulators have denied a temporary operating permit for ridesharing company Uber.

The Albuquerque Journal reported that the Public Regulation Commission voted 3-2 on Wednesday to withhold the permit from Uber Technologies.

Commissioners say they could not grant the permit because of requested waivers for required filings such as driver safety records and insurance information.

Uber filed for a permanent certificate to operate in May.

Ride Hailing AppsThe state commission recently attempted to shut down ride-sharing company Lyft Inc. but abandoned the initiative earlier this month. Lyft has argued it doesn’t need a permit of any kind because it is not a taxi service.

Commissioners say they will begin planning new regulations addressing safety concerns and other issues surrounding ride-sharing companies.

Earlier this month, Colorado became the first state whose legislature passed a law regulating companies such as UberX, which is part of Uber Technologies, and Lyft. In April, Arizona Gov. Jan Brewer vetoed legislation that would have exempted Uber and other ride-sharing companies from insurance regulations imposed on traditional taxi and livery companies.

Subscribe Insurance news headlines delivered to your email.
Get a free subscription to our popular email newsletter.

Latest Comments

  • June 27, 2014 at 3:06 pm
    Valerie says:
    Being an expert in the insurance industry for over 30 years, these ride sharing operations will ultimately make money for attorneys. The personal auto policy must deny the cla... read more
  • June 27, 2014 at 1:36 pm
    mikey says:
    Good. These ride shares have a major advantage over the heavily regulated taxi industry. It is all fun and games until your underinsured car takes out a family.
See all comments

Add a Comment

Your email address will not be published. Required fields are marked *

*

More News
More News Features