Ridesharing Companies Face Insurance Increases with AB 2293

In this last, frantic week of the legislative session, one measure that’s drawing a lot of attention is AB 2293, which changes the insurance requirements for ride-sharing companies that compete with traditional taxies. It passed the Assembly unanimously. But Uber didn’t get to be a $17 billion company by failing to pay attention. AB 612 is now a dead duck. But AB 2293 is very much alive.