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 …
Maryland’s top insurance regulator recently issued a notice alerting consumers about potential coverage gaps affecting drivers for ridesharing services. The Maryland Insurance Administration said technology based ride-sharing ventures, such as Lyft and UberX, continue to grow in popularity. These ventures …
Rhode Island’s insurance regulators issued a consumer alert bulletin this week, highlighting insurance coverage issues and requirements surrounding ridesharing services. “[R.I. Department of Business Regulation, Insurance Division,] issues this bulletin to highlight potential insurance implications for Rhode Island residents participating …
