The Department of Labor released its final rule regarding employee or independent contractor classification under the Fair Labor Standards Act on Tuesday amid continued pushback from the financial industry, which often prefers independent status for advisers.
Tag: Lyft Drivers
Liberty Mutual Insurance to Provide Insurance Coverage to Drivers on the Lyft Platform in Five States
Liberty Mutual Insurance today announced it has been selected by Lyft to provide coverage for drivers using its rideshare platforms throughout Arizona, Michigan, New Mexico, Texas and Utah, effective today. Under the program, Liberty Mutual provides specific coverages in five states from the time a driver has their Lyft app on to app off. “We’re… Continue reading Liberty Mutual Insurance to Provide Insurance Coverage to Drivers on the Lyft Platform in Five States
Uber and Lyft Threaten California Shutdown Over Driver Classification Battle
Uber Technologies Inc. and Lyft Inc. have said they may suspend their ride-hailing operations in California as soon as Friday, escalating a high-stakes battle with their home state over how their drivers should be classified. California sued the companies in May, alleging they were violating a new state law that requires companies to treat workers… Continue reading Uber and Lyft Threaten California Shutdown Over Driver Classification Battle
California Sues Uber, Lyft for Misclassification of Drivers
It was only a matter of time, but California has moved forward with a lawsuit against Uber Technologies Inc. and Lyft Inc. for the misclassification of their drivers as independent contractors. This move will further intensify a battle between the state and the ride-hailing giants. California announced its decision by Uber and Lyft to classify… Continue reading California Sues Uber, Lyft for Misclassification of Drivers