No insurance, no ridesharing, cities tell UberX, Lyft and others

By Sarah McBride SAN FRANCISCO (Reuters) - Using mobile apps to connect passengers with drivers, ridesharing services like UberX and Lyft say they are bringing new zip to transportation. On one side stand the ridesharing companies, which believe their business plans are undermined by forcing drivers to add higher-cost commercial insurance to services intended to attract casual drivers for an hour here and there. On the other stand many city officials, who worry that ridesharing lacks adequate coverage. The city council is currently weighing insurance requirements and other rules for ridesharing, which operates in a legal limbo in Seattle.



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