Uber, Lyft, Legislature Give Nod to California Rideshare Bill

When Assemblywoman Susan Bonilla, D-Oakley, amended her measure to regulate transportation network companies, Uber, Lyft and others removed their opposition and are now supporting the bill.

Assembly Bill 2293 was agreed to on Wedensday by TNCs, which had opposed the bill. Following the agreement both the California State Senate and State Assembly voted to approve AB 2293.

AB 2293 provides protection for the public by establishing reasonable insurance limits and it creates a firewall that protects personal auto insurance from subsidizing commercial activities, according to the California Association of Insurance Companies, which also supports the bill.

Ride Hailing AppsAdditionally, AB 2293 is designed to give TNCs flexibility to meet the insurance requirements, which led to Uber and Lyft supporting the legislation.

“Through Assemblywoman Bonilla’s efforts, stakeholders were able to reach a middle ground that parties can support,” Armand Feliciano, ACIC vice president, said in a statement. “Consumers can be confident when using TNCs, there will be greater transparency on insurance matters for TNC drivers, personal auto insurance policies will be protected from commercial activities, a pathway for new insurance products has developed with reasonable insurance limits, and flexibility to allow for continued innovation.”

AB 2293 will now move to Gov. Jerry Brown’s desk.

The amendments to AB 2293 included: