Dump-truck driver Thang Nguyen thought he was planning ahead earlier this year when he spent more than $200,000 on a new vehicle to comply with California’s strict emission standards. Now he is worried a new state law will make it difficult to find enough work to afford the repayments on the truck. Mr. Nguyen is… Continue reading California Prepares for New Gig Worker Rules…and Confusion
Tag: Uber
Uber Safety Report Details Sexual Assaults in U.S. Over Two Years
Uber Technologies Inc. said it received 5,981 reports of sexual assault involving U.S. passengers or drivers during 2017 and 2018, underscoring the risk that has been a chief criticism of ride-hailing companies around the world. In a report released Thursday, Uber voluntarily disclosed the first comprehensive review of safety issues involving its ride service. Sexual… Continue reading Uber Safety Report Details Sexual Assaults in U.S. Over Two Years
‘Inadequate Safety Culture’ Contributed to Uber Automated Test Vehicle Crash: NTSB
The National Transportation Safety Board called upon federal regulators Tuesday to create a review process before allowing automated test vehicles to operate on public roads, based upon the agency’s investigation of a fatal collision between an Uber automated test vehicle and a pedestrian. During a board meeting held to determine the probable cause of the… Continue reading ‘Inadequate Safety Culture’ Contributed to Uber Automated Test Vehicle Crash: NTSB
Uber, Lyft Unveil Ballot Initiative to Counter California Gig-Economy Law
Uber Technologies Inc., Lyft Inc. and other ride-share and on-demand companies in California said Tuesday they would submit a ballot initiative that would alter a statewide law intending to reclassify contract workers as full-time employees. The companies are funding the measure, called the Protect App-Based Drivers and Services Act, aiming to get it on the… Continue reading Uber, Lyft Unveil Ballot Initiative to Counter California Gig-Economy Law
Uber, Lyft Poised to Lose Fight Against California Bill to Label Drivers Employees
California Democrats are poised to pass landmark employment legislation over the objections of two of the companies that would be most affected: Silicon Valley ride-sharing giants Uber Technologies Inc. and Lyft Inc. The bill already passed the State Assembly 59-15 and is expected to be voted on in the state Senate before the legislative session… Continue reading Uber, Lyft Poised to Lose Fight Against California Bill to Label Drivers Employees
California Lawmakers to Decide Who’s An Employee
Days before California lawmakers act on legislation to force employers to treat independent contractors as employees, questions remain over which industries will secure an exemption in what’s considered the most consequential labor bill of the year. Assembly Bill 5 would codify the 2018 California Supreme Court “Dynamex” decision that restricts when employers can classify workers… Continue reading California Lawmakers to Decide Who’s An Employee
Uber, Lyft Executives Urge California Compromise on Driver Independent Contractor Status
Faced with legislation in California that endangers their business model, Uber Technologies Inc. and Lyft Inc. are urging a compromise that would keep their drivers from being considered employees. “We can make independent work better if we update century-old employment laws,” Uber Chief Executive Officer Dara Khosrowshahi and Lyft co-founders Logan Green and John Zimmer… Continue reading Uber, Lyft Executives Urge California Compromise on Driver Independent Contractor Status
Uber’s $2.94 Billion Insurance Unit Illuminates Challenge of Disruptive Businesses
Ride-sharing companies such as Uber Technologies Inc. and Lyft Inc. have become ubiquitous, but the risks attached to their business models have yet to be fully embraced by the mainstream insurance industry. Because of this, both companies have had to manage the risk largely on their own, and are devoting increasing amounts of capital to… Continue reading Uber’s $2.94 Billion Insurance Unit Illuminates Challenge of Disruptive Businesses
Nationwide Partners with Slice Labs to Develop On-Demand Auto Insurance for Rideshare Drivers
As the number of rideshare drivers continues to increase in the U.S., many face a complex gauntlet when seeking auto insurance solutions to meet their needs. Nationwide has taken an innovative step to develop on-demand rideshare insurance solutions for drivers who work for transportation network companies (TNC), such as Uber and Lyft, through its new… Continue reading Nationwide Partners with Slice Labs to Develop On-Demand Auto Insurance for Rideshare Drivers
Lyft’s $864 Million Insurance Unit Shows Ride Hailing Is a Risky Business
A three-paragraph section buried in Lyft Inc.’s nearly-800-page public offering document sums up the challenges of insuring unfamiliar risks born from newer business models. The ride-hailing company has established an elaborate system through a subsidiary effectively allowing it to insure its own risk, thereby lowering its costs, according to the stock-listing prospectus that Lyft filed… Continue reading Lyft’s $864 Million Insurance Unit Shows Ride Hailing Is a Risky Business