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Senate committee hears debate over cutting TNC insurance for drivers en route to pickups
Summary
Senators on the Committee on Business & Commerce opened public testimony on House Bill 3,520, a bill to change insurance requirements for transportation network companies (TNCs) such as Uber and Lyft.
Senators on the Committee on Business & Commerce opened public testimony on House Bill 3,520, a bill to change insurance requirements for transportation network companies (TNCs) such as Uber and Lyft.
The bill’s sponsor, Senator Kevin Hagenbooth, told the committee HB 3,520 “reduces P2 primary liability requirements to match the requirements of P1, which are again, $50,000 for bodily injury liability per person, $100,000 bodily injury liability per accident and $25,000 property damage liability per per per accident.” The sponsor said the change would align insurance with the…
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