Lyft News

Ridesharing Bill Cruising Through California Legislature

A bill to more thoroughly regulate insurance requirements for ridesharing companies is successfully wending its way through California Legislature as insurance associations and representatives for companies like Uber and Lyft try and hash out an uncertain middle ground. The Senate …

California Commissioner Likes Proposed Rideshare Regulations

California Insurance Commissioner Dave Jones on Thursday gave a thumbs up to regulations proposed by California Public Utility Commission President Michael Peevey, which seeks broader commercial insurance coverage for drivers who use smartphone ridesharing apps from operators like Uber, Lyft …

California Regulators Want Insurers to Speed Up Ridesharing Policies

The California Public Utilities Commission wants the insurance industry to get off its duff and start creating some products to offer to ridesharing drivers. A proposal issued by CPUC on Tuesday further defines ridesharing or transportation network companies and activities …

Individual or Corporate? Two Visions of the Sharing Economy

Google’s driverless car and Apple’s deal to buy Beats Electronics, primarily for its streaming music service, represent the latest moves in a battle between two visions of the sharing economy: One in which the goods being shared belong to the …

N.J. Insurance Commissioner Alerts Consumers on Car-Sharing Services

New Jersey Department of Banking and Insurance Commissioner Ken Kobylowski alerted consumers to the potential loss of insurance coverage in connection with popular business activities known as car-sharing or Transportation Network Companies (TNC) provided by online firms such as Lyft, …

Ridesharing Firms Uber, Lyft Accused of Racketeering in Conn. Cab Lawsuit

Ride-sharing services Uber Technologies Inc. and Lyft Inc. were accused of racketeering in a lawsuit by Connecticut taxi and livery firms, which said the companies “prey parasitically” on established services. The services, operating without proper licenses, “cut corners illegally” and …

Ridesharing Service Gains Kinder Favor in Missouri

A ridesharing service embroiled in a legal dispute with the St. Louis taxi commission has received a public show of support from one of the state’s top elected leaders. Missouri Lt. Gov. Peter Kinder urged the city’s Metropolitan Taxicab Commission …

Minneapolis Considering Regulations for Rideshare Companies

Minneapolis, Minn., is among cities across the country deciding how best to regulate app-based rideshare companies that connect drivers with passengers. Milwaukee is facing a similar challenge in neighboring Wisconsin. The Star Tribune says a hearing at Minneapolis City Hall …

Tampa Vows to Ticket Lyft, Uber Ridesharing Drivers

Drivers for the ride-sharing services Lyft and Uber will be ticketed in the Tampa area, the Public Transportation Commission announced. Drivers were previously given verbal warnings. Fines can reach $800, including a $500 fine for operating without a certificate. The …

Ridesharing Companies Get Warning from Nebraska Regulators

The state Public Service Commission has sent warnings to two ridesharing companies that they need the commission’s permission to offer services in Nebraska. The commission issued letters to Lyft and Uber, two San Francisco companies that use smartphone applications to …