Ridesharing services such as Uber and Lyft should continue to operating in Portland, Ore. after the City Council approved a new set of rules to govern taxis.
The Oregonian reported that the council voted last week to allow ridesharing services to provide two tiers of insurance. Drivers will have a lesser amount of coverage when they are signed into the app, with additional coverage kicking in when the driver is connected with a passenger.
Taxis generally carry commercial insurance policies that have the same level of coverage at all times.
Uber and Lyft have been operating in Portland since April under a pilot program. City data shows six in 10 for-hire rides in the city are with one of the ridesharing companies.
Related:
- Uber Close to Return in Oregon City With Regulations
- Rules Drive Uber Ridesharing Service Out Of Oregon City
- With Fines Nearly $100K Oregon City Delays Uber Appeal Hearing
- City Council in Oregon Says Uber Must Follow Traditional Taxi Rules
Topics Oregon
Was this article valuable?
Here are more articles you may enjoy.
Chubb to Acquire MGA Healthy Paws From Aon 
Why New York’s Attorney General Objects to Trump’s Bond Insurer 
Marsh McLennan Agency to Buy Fisher Brown Bottrell for About $316M 
Uncertainty Keeps Prices Up; No Prior-Year Loss Development: Travelers 
