Wisconsin lawmakers have introduced a bill that would impose statewide regulations on online ride-sharing companies such as Uber and Lyft.
The measure would require companies to apply for a $5,000 state license and carry $1 million in commercial insurance for each driver. Drivers would have to submit findings form a criminal background check to their companies.
The measure also would prohibit local governments from adopting any regulations on such companies.
The bill’s chief author is Rep. Tyler August, a Lake Geneva Republican. He says the bill would solve a patchwork of local ordinances.
Uber media relations officials didn’t immediately respond to an email inquiry.
Topics Legislation Commercial Lines Business Insurance Wisconsin
Was this article valuable?
Here are more articles you may enjoy.
Why New York’s Attorney General Objects to Trump’s Bond Insurer 
Chubb to Acquire MGA Healthy Paws From Aon 
How California’s Huge Raises for Fast-Food Workers Will Ripple Across Industries 
Allstate Reports $731M in Q1 Pretax Catastrophe Losses 
