Lyft News

RiverStone in Loss Portfolio Transfer Deal With Lyft Subsidiary

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. 1, 2025. Guy Carpenter was the broker of …

Lyft to Launch Mobileye Robotaxis in Dallas as Soon as 2026

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 Texas city will be …

Massachusetts Voters Allow Uber, Lyft Drivers to Unionize

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 precincts reporting, 53.9% of …

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

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 pandemic. The agency …

US Supreme Court Rebuffs Uber, Lyft Bid to Avoid California Driver Suits

The U.S. Supreme Court declined on Monday to hear a challenge by Uber and Lyft to lawsuits by the state of California on behalf of drivers who signed agreements to keep legal disputes with the ride-hailing companies out of court …

Uber, Lyft, DoorDash Prevail in California Gig-Worker Ruling

Uber Technologies Inc. and Lyft Inc. can keep classifying California drivers as independent contractors, after the state’s top court said a company-backed law passed by voters doesn’t wrongly curtail the legislature’s power over worker protections. The unanimous ruling upholding California’s …

California Court to Weigh Fate of Law Treating App-Based Drivers as Contractors

California’s top state court on Tuesday will consider a labor union’s challenge to a ballot measure allowing app-based services such as Uber and Lyft to classify drivers in the state as independent contractors rather than as employees with more benefits. …

Massachusetts Top Court Debates Challenges to Gig Worker Ballot Measures

Massachusetts’s highest court on Monday weighed whether ballot proposals that would redefine the relationship between app-based companies like Uber Technologies and Lyft and their drivers should be allowed to go before voters in November. Massachusetts Supreme Judicial Court justices expressed …

Uber to Pay $290M, Lyft $38M to Settle New York Wage Theft Claims

Uber and Lyft will pay a combined $328 million to settle claims by New York’s attorney general that the ride-sharing companies systematically cheated drivers out of pay and benefits. Attorney General Letitia James said Uber will pay $290 million and …

Opera Workers’ Ruling Offers Path for Uber, Lyft Drivers to Unionize

A US labor board ruling on Tuesday laid the groundwork for drivers from Uber Technologies Inc. and Lyft Inc. and other gig workers to formally unionize – a still difficult but potentially transformative task. In a ruling concerning workers at …