Monthly Archives: June 2014

What Popular Rideshares Mean by “At Your Own Risk”

By Joel Grover and Jacquelin Sonderling |  Thursday, Jun 26, 2014  |  Updated 3:56 AM PDT

Rideshare services like UberX are taking the place of taxis, not only here in Los Angeles, but around the world. But as the I-Team has learned, if you’re in a bad accident in an UberX car, you could be left paying the bill.

You may not realize it – but every time you accept a ride with UberX, you also agree to more than a dozen pages of Terms and Conditions. It outlines who’s responsible for what. And buried deep in the terms, Uber says you use its service “at your own risk” and that “you
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Uber bill protects riders and drivers

By Susan Bonilla, 5 P.M.JUNE 26, 2014

Recently the Assembly unanimously passed my bill AB 2293. This common-sense legislation will clarify insurance coverage plans for transportation network companies (TNC), such as Uber, Lyft and others. My bill also requires important disclosures from these network companies that ensure drivers and all parties are aware of the insurance policy coverage in place.

The legislation passed 71-0 in a unanimous and bipartisan vote and now moves on to the Senate policy committee. The popularity and rapid evolution of ridesharing companies such as Uber and Lyft has been a lesson in the rise of the new “sharing” economy. They are supplying a demand that
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Pet Insurance Bill Provides Important Consumer Protection for Rapidly Growing Market

LOS ANGELES, Calif., June 20 — The California Department of Insurance issued the following news release:

Today Insurance Commissioner Dave Jones and Assemblymember Matt Dababneh held a joint press conference at an off-leash dog park to discuss important pet insurance legislation. Within California’s economy the pet insurance market is rapidly growing and expected to reach $750 million by next year. AB 2056 (Dababneh), sponsored by Insurance Commissioner Dave Jones, will add important consumer protections to pet insurance by bringing uniformity to policy language and disclosures increasing transparency in pet insurance policies.

“California has the largest number of insured dogs and cats in the nation,” said Commissioner Jones. “It is essential that consumers purchasing pet insurance understand what they’re getting for their money. When policy
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Ridesharing Bill Cruising Through California Legislature

By Don Jergler | June 17, 2014

A bill to more thoroughly regulate insurance requirements for ridesharing companies is successfully wending its way through California Legislature as insurance associations and representatives for companies like Uber and Lyft try and hash out an uncertain middle ground.

The Senate Energy, Utilities and Communications Committee passed Assembly Bill 2293 on a 7-0 vote on Tuesday. The bill, being carried by Assemblywoman Susan Bonilla, D-Concord, is backed by several insurance associations.

AB 2293 has already been approved by the California State Assembly on a 71-0 vote. It addresses a gap in insurance coverage between when a ridesharing provider’s personal auto insurance is in effect and when a transportation network
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California Commissioner Likes Proposed Rideshare Regulations

Published June 12, 2014

California Insurance Commissioner Dave Jones on Thursday gave a thumbs up to regulations proposed by California Public Utility Commission President Michael Peevey, which seeks broader commercial insurance coverage for drivers who use  smartphone ridesharing apps from operators like Uber, Lyft and Sidecar.

The regulations proposed Tuesday further define ridesharing operators – transportation network companies – and ridesharing activities and requires a $1 million commercial liability policy to be in place whenever a TNC driver has a smartphone app turned on to accept rides.

“I applaud President Peevey’s proposed decision to make sure that Transportation Network Companies (TNC) like Uber, Lyft and
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​Ridesharing companies Uber, Lyft offer compromise

Staff Writer-Sacramento Business Journal
Jun 3, 2014, 2:51pm PDT UPDATED: Jun 4, 2014, 8:56am PDT

See correction at end of article.

Ridesharing companies Uber, Lyft and Wingz have issued a counteroffer to Assemblywoman Susan Bonilla on legislation that would force drivers to possess commercial liability coverage.

The compromise likely would raise rates for ridesharing customers, but far less than what has been proposed by Bonilla, said a representative for Lyft.

This newest development in the dispute between insurers and ridesharing companies is important because it includes tentative support from MetLife Auto and Home.

The fact that a major insurance company is backing the plan shows that the state’s powerful insurance lobby is not altogether on the
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States Warn of Rideshare Risks for Passengers

published May 28th 2014, 1:52 pm, By Ben Popken

Uber is under siege.

It’s not from a rival company, such as Lyft or Sidecar, because they may be in the same boat. It’s from states who are warning passengers that they may not be covered by insurance if the driver has an accident.

New Jersey last week became the 14th state along with the District of Columbia to issue warnings about the risks of using ride-shares like Uber, Lyft, or Sidecar.

Drawn by the power and ease of summoning a personal driver at the push of a smartphone button, passengers may not think to ask what happens when things go wrong. States,
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