Lyft says it will defy New Mexico regulators by continuing to operate in Albuquerque, a move that a state official says could result in large fines for the ridesharing service.
California’s Insurance Commissioner will hold a hearing Friday to gather information about transportation network companies such as UberX and Sidecar with hopes of ensuring consumer protection.
San Francisco-based ridesharing companies Uber and Lyft announced a new insurance policy on Friday to address concerns over liability for accidents involving its drivers who are working but have not yet picked up passengers.
UberX, Lyft and Side Car are all on notice now that San Francisco’s Board of Supervisors are looking at ways to clamp down on the ride sharing companies.
The car service, formerly known as InstaCab, is the first to comply with a list of regulations from the California Public Utilities Commission.
A wrongful-death lawsuit involving Uber and one of its drivers who struck a 6-year-old girl, could be instrumental in changing the way ridesharing companies are regulated.
As many as one-third of San Francisco’s cab drivers have ditched their hack licenses and are driving for Uber, Lyft or Sidecar instead, according to the city’s taxi association.