Kentucky Moves to Close Commercial Rideshare Insurance Gaps
LEXINGTON, KY - Legislation (HB 207) introduced yesterday takes a positive step forward in ensuring that transportation network companies such as Uber and Lyft, which provide commercial ridesharing services, have consumer protections including appropriate insurance coverage, according to the Property Casualty Insurers Association of America (PCI). While the Kentucky Transportation Cabinet implemented emergency regulations late last year and are considering permanent rules that establish a new regulatory framework for TNCs, there are still concerns that there are insurance coverage gaps