"Ride Sharing" Archives

1. Ride-Sharing Company Lyft gets $500 Million Dollar Backing by GM

   Thursday, January 7, 2016

   by dnicoletti

   Category: Blog

   Tags: Florida • Insurance • Ride Sharing

   

   We’ve chronicled ride-sharing a lot on this blog in 2015, but it seems that one company is finally putting its money where its mouth is. The popular ride-sharing app Lyft announced on Monday that GM (General Motors) had invested $500 million in the company, or half of its latest $1 billion venture financing goal. The […]

2. Uber Company Insurance Policy Meets Florida Regulations

   Friday, November 14, 2014

   by dnicoletti

   Category: Blog

   Tags: Florida • Insurance • Ride Sharing

   

   The Florida Office of Insurance Regulation says Uber’s $1 million commercial insurance policy meets state requirements, reports the Tampa Bay Times. This news brings the ride-share company one step closer to legally operating in Florida, despite the Public Transportation Commission’s (PTC) concerns about Uber’s insurance and licensing. Kyle Cockream, executive director of PTC, forwarded a […]