Lyft News

New Insurance Rules for California Ridesharing in Effect Today

A new law requiring that ridesharing drivers and companies have liability insurance coverage during all three periods in which they use the ride-sharing application goes into effect today. The rules are in effect under Assembly Bill 2293, which was signed …

Penn. Advises Rideshare Drivers to Carefully Examine Insurance Coverage

Pennsylvania Insurance Commissioner Teresa Miller is urging potential drivers for rideshare services like Uber and Lyft to consult with their insurance companies to ensure adequate coverage for themselves and passengers. Miller said Wednesday that transportation network services Uber and Lyft …

NYC’s Taxi Regulatory Agency OKs New App Rules for Uber, Lyft

New York City’s taxi regulatory agency on Monday approved new rules governing how Uber and other app-based car services operate within the five boroughs. Part of the proposal unanimously passed allows the companies to update their apps without approval from …

Most Drivers Mum About Ridesharing, Although Many Agents Ask

Roughly three quarters of ridesharing drivers don’t have ridesharing insurance, and nearly eight-in-10 conduct their ridesharing activities covertly and keep their insurer or agent in the dark. Two informal polls from a popular Forbes blogger known as The Rideshare Guy …

Utah Cabs Want Ridesharing Companies Subject to Airport Fare Rules

A Utah cab company lawyer says it’s frustrating that new limits on airport cab fares won’t apply to ridesharing companies like Uber and Lyft. Yellow Cab attorney Rocky Anderson said last week that cab companies don’t mind the regulations, but they …

GEICO Launches End-to-End Ridesharing Coverage in Texas

GEICO has unveiled a new auto insurance product in Texas for drivers of on-demand transportation network companies (TNC) like Uber, Lyft, Sidecar that covers both personal and ridesharing needs. GEICO Senior Vice President Robert Miller said the coverage can meet …

Will Uber Employee Status Ruling in California Impact Its Business Model?

An Uber driver is an employee not a contractor, according to a California Labor Commission ruling on Wednesday that opens the door to more scrutiny over the rideshare giant’s business model. Earlier in the day some media outlets reported that …

Farmers Introduces Rideshare Coverage in Utah

Farmers Insurance on Monday launched what is believed to be the state’s first rideshare insurance coverage designed to provide seamless coverage for ridesharing drivers in Utah. The coverage comes less than two months after Utah Gov. Gary Herbert signed a …

Nevada Regulators Want to Fast-track Drafting of Uber rules

Nevada transportation regulators say they’ll seek to fast-track regulations for ridesharing companies such as Uber and Lyft. Members of the Nevada Transportation Authority voted 2-1 on Thursday to petition Gov. Brian Sandoval for emergency status. Agency spokeswoman Teri Williams said Sandoval’s …

Rideshare Insurance Bill Sent to Louisiana Governor

Drivers for rideshare services like Uber and Lyft will have to carry hefty insurance policies, under a bill headed to Louisiana Gov. Bobby Jindal’s desk. Rideshare services, or transportation network companies (TNCs), connect contract drivers, who frequently use their personal …