Monday, February 3, 2014
CPUC Fails To Adequately Protect Californians With Weak TNC Law.
The CPUC (California Public Utilities Commission.) Has failed to adequately protect Californians with it's passage of weak regulation on TNC(Transportation Network Carriers)Companies like like Uberx, Lyft, Sidecar whose drivers carry inadequate insurance to pay for any liabilities they incur for more information see the sfbg.com article link below to an article explaining the situation of people being injured and not being able to get compensation for their injuries.
It is kind of ironic that by making such weak regulations, the CPUC has made itself irrelevant by basically saying anything goes and nothing can be enforced due to it's unrealistic law of insurance coverage implemented on TNC's and the ability to enforce the law it has implemented due to limited number of regulators.
I suspect in the end the free market in the form of insurance companies and state regulation in the form of DMV will step in to make a rule that people driving with insurance policies that are not appropriate will be stripped of their driving privileges.