SF Gate – ‘The future of ride-sharing in California is now truly at stake.’ Really?
“Early movers like Lyft and Uber might manage to absorb and pass along the extra insurance costs,” said Steve DelBianco, who advocates for tech companies in Washington, D.C. as executive director of NetChoice. “But new entrants won’t stand a chance at paying for insurance whenever their app is turned on. Essentially, the CA bill is a barrier to entry for new competitors. And that’s bad for drivers and riders.”