Uber Says NYC's Proposed Requirements Would Leave Drivers Without Insurance
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Uber has expressed concerns that New York City's proposed changes to commercial auto insurance requirements could leave drivers without the ability to insure their vehicles. The company submitted comments to the Taxi and Limousine Commission ahead of a public hearing.
December 11, 2024 | 10:15 pm
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Uber has raised concerns about NYC's proposed commercial auto insurance changes, suggesting they could prevent drivers from obtaining insurance.
Uber's concerns about the proposed insurance changes in NYC could lead to regulatory challenges, potentially affecting its operations and driver availability in the city. This could negatively impact Uber's stock in the short term as investors react to potential operational disruptions.
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