A few weeks ago, I wrote about the attention the ride-share insurance issue had begun to receive this year in the wake of a fatal crash that killed a six-year-old girl in San Francisco on Dec. 31, 2013. There has now been legislative activity to address this issue. Assembly Bill 2293, introduced by Assemblymember Susan Bonilla (D-Concord), would require a transportation network company (such as Uber or Lyft) to disclose the coverage and liability limits provided by the company; the company’s coverage would be the primary coverage in the event of loss or injury when a participating driver is logged on to the company’s application program.
On May 7, the Assembly Insurance Committee passed AB 2293 by an 11-0 vote, and it has now moved on to the full Assembly for its consideration. To read the full bill, go to: http://www.leginfo.ca.gov/pub/13-14/bill/asm/ab_2251-2300/ab_2293_bill_20140221_introduced.htm.
SLA supports the legislation in principle and is actively watching its progress. A number of leading admitted insurer associations also have expressed their support for the bill. We will keep our members informed about any news on this proposal.
On May 7, the Assembly Insurance Committee passed AB 2293 by an 11-0 vote, and it has now moved on to the full Assembly for its consideration. To read the full bill, go to: http://www.leginfo.ca.gov/pub/13-14/bill/asm/ab_2251-2300/ab_2293_bill_20140221_introduced.htm.
SLA supports the legislation in principle and is actively watching its progress. A number of leading admitted insurer associations also have expressed their support for the bill. We will keep our members informed about any news on this proposal.
