Lyft News

GEICO Launches End-to-End Ridesharing Coverage in Texas

GEICO has unveiled a new auto insurance product in Texas for drivers of on-demand transportation network companies (TNC) like Uber, Lyft, Sidecar that covers both personal and ridesharing needs. GEICO Senior Vice President Robert Miller said the coverage can meet …

Will Uber Employee Status Ruling in California Impact Its Business Model?

An Uber driver is an employee not a contractor, according to a California Labor Commission ruling on Wednesday that opens the door to more scrutiny over the rideshare giant’s business model. Earlier in the day some media outlets reported that …

Farmers Introduces Rideshare Coverage in Utah

Farmers Insurance on Monday launched what is believed to be the state’s first rideshare insurance coverage designed to provide seamless coverage for ridesharing drivers in Utah. The coverage comes less than two months after Utah Gov. Gary Herbert signed a …

Nevada Regulators Want to Fast-track Drafting of Uber rules

Nevada transportation regulators say they’ll seek to fast-track regulations for ridesharing companies such as Uber and Lyft. Members of the Nevada Transportation Authority voted 2-1 on Thursday to petition Gov. Brian Sandoval for emergency status. Agency spokeswoman Teri Williams said …

Rideshare Insurance Bill Sent to Louisiana Governor

Drivers for rideshare services like Uber and Lyft will have to carry hefty insurance policies, under a bill headed to Louisiana Gov. Bobby Jindal’s desk. Rideshare services, or transportation network companies (TNCs), connect contract drivers, who frequently use their personal …

Nevada Governor Signs Bills Authorizing Ridesharing Companies

Gov. Brian Sandoval has signed two bills to regulate ridesharing companies like Uber and Lyft in Nevada. Sandoval gave final approval to AB175 and AB176 on Friday, the same day that cab drivers in Las Vegas staged a protest against …

Uber and Lyft Fight Proposed NYC Rules – and Each Other

Uber and Lyft are among the tech companies pushing back at proposed rules by New York City’s Taxi and Limousine Commission to regulate car service apps. Uber says the rules break federal law because taxi commissions don’t have the authority …

First Major California Insurer to Offer Ridesharing Endorsement

Farmers will become the first large California insurer to start offering a ridesharing insurance product on Thursday. In an announcement made at the Los Angeles office of California Department of Insurance today, California Insurance Commissioner Dave Jones and Farmers Group …

Nevada Assembly Oks Bill To Regulate Ridesharing

A hard-fought bill to regulate ridesharing companies such as Uber and Lyft got the green light from Nevada lawmakers in the wee hours of Saturday morning, after weeks of behind-the-scenes negotiations, several public failures for Uber and a marathon workday …

Lyft Says Plans to Pull out of New Mexico over Rules

Ridesharing service Lyft says it’s suspending operations in New Mexico after state regulators passed new requirements that the company called “onerous.” The San Francisco-based firm set a May 14 deadline for the move, which comes weeks after state regulators passed …