Insurers win, consumers lose in California ridesharing crackdown
Ridesharing companies and their customers are the newest target of California’s bizarre crusade to crack down on Internet-powered businesses (“Risky business behind wheel of new economy”; Forum, June 22). This time, regulators are getting help from deep-pocketed insurers and personal injury lawyers who look at the sharing economy and see dollar signs.
The ostensible target of this latest misadventure: something called an “insurance gap” when consumers get a ride with a Lyft or Uber driver instead of a taxicab.