Representatives for the car-hail industry denounced the lobbying push on Wednesday. A proposed bill for regulating ride-hailing apps Uber and Lyft has been moved from this week's voting board list due to controversial insurance requirements. The bill, which would require the companies to cover drivers who work more than 40 hours a week, was put on hold after it failed to pass in committee. The new legislation requires Uber and Lyft provide more than one layer of insurance for passengers, with both the driver’s personal auto insurance and another additional commercial insurance policy of up to $1.5m required from the companies. Regulation for the ride-hailing companies has been in the works for two years.
A proposed bill for regulating ride-hailing apps Uber and Lyft has been moved from this week's voting board list due to controversial insurance requirements. The bill, which would require the companies to cover drivers who work more than 40 hours a week, was put on hold after it failed to pass in committee. The new legislation requires Uber and Lyft provide more than one layer of insurance for passengers, with both the driver’s personal auto insurance and another additional commercial insurance policy of up to $1.5m required from the companies. Regulation for the ride-hailing companies has been in the works for two years.