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Waymo Applies for NYC Testing Permit, Sending Uber and Lyft Shares Lower

Jun 20 2025 // Alphabet Inc.’s Waymo has applied for a permit to test its robotaxis in New York City, underscoring its intent to operate in one of the largest ride-hailing markets in the US despite an absence of local regulations...

RiverStone in Loss Portfolio Transfer Deal With Lyft Subsidiary

Mar 20 2025 // RiverStone International has signed an agreement with Lyft subsidiary Pacific Valley Insurance Co. to provide a loss portfolio transfer reinsurance for a commercial auto liability portfolio. The deal is effective from Jan....

Lyft to Launch Mobileye Robotaxis in Dallas as Soon as 2026

Feb 10 2025 // Lyft Inc. will launch driverless rides with technology vendor and Intel Corp. spinoff Mobileye Global Inc. in Dallas as soon as 2026, building on a partnership that was first announced last November. Lyft customers in the...

Massachusetts Voters Allow Uber, Lyft Drivers to Unionize

Nov 7 2024 // Massachusetts voters on Tuesday approved a ballot measure that would allow ride-share drivers to unionize, becoming the first U.S. state to allow drivers for app-based companies like Uber and Lyft to do so. With 94% of...

Lyft to Pay $2 Million to Resolve FTC Suit Over Driver Pay

Oct 28 2024 // Lyft Inc. agreed to pay $2.1 million to resolve a lawsuit by the US Federal Trade Commission accusing the ride-hailing company of deceiving drivers about how much they would earn when consumer demand picked up after the...

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